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The Moore Corporation has operating income (EBIT) of $700,000. The company's depreciation expense is $190,000. Moore is 100% equity financed, and it faces a 35%
The Moore Corporation has operating income (EBIT) of $700,000. The company's depreciation expense is $190,000. Moore is 100% equity financed, and it faces a 35% tax rate.
What is the company's net income? Round your answer to the nearest dollar. What is its net cash flow? Round your answer to the nearest dollar.
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