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Using the tax shield approach, calculate OCF given the following information: Sales $885,000; Costs $670,000; Depreciation $120,000. Tax rate is 35%. A) $175,500 B) $181,750
Using the tax shield approach, calculate OCF given the following information: Sales $885,000; Costs $670,000; Depreciation $120,000. Tax rate is 35%.
A) $175,500 B) $181,750 C) $185,500 D) $171,750 E) 165,500
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