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What is the difference between accounting income and cash flow? AND give an example. What is the difference between average and marginal tax rates? AND

What is the difference between accounting income and cash flow? AND give an example.

What is the difference between average and marginal tax rates? AND give an example.

How do we determine a firm's cash flows?

Explain the tax implications on dividend, interest income, and capital gain? AND give an example.

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