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The more corporation has operating income (EBIT) of 950,000. it's depreciation expense is 160,000. More is 100% equity financed. The federal tax rate is 21%
The more corporation has operating income (EBIT) of 950,000. it's depreciation expense is 160,000. More is 100% equity financed. The federal tax rate is 21% ignore any possible state corporation taxes. What is the company's net income? Round your answer to the nearest dollar. What is the cash flow? Round your answer to the nearest dollar.
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