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The Moore Enterprise has gross profit of $1,200,000 with amortization expense of $520,000. The Kipling Corporation has $1,200,000 in gross profits but only $76,000
The Moore Enterprise has gross profit of $1,200,000 with amortization expense of $520,000. The Kipling Corporation has $1,200,000 in gross profits but only $76,000 in amortization expense. The selling and administration expenses are $136,000, the same for each company. If the tax rate is 40 percent, calculate the cash flow for each company. Moore Cash flow $ Kipling $ Calculate the difference in cash flow between the two firms? Difference in cash flow
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