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With a tax rate of 40%, what is the impact on NI and a firms amount of cash from an increase of $200 in COGS?

With a tax rate of 40%, what is the impact on NI and a firms amount of cash from an increase of $200 in COGS?

A. -200; -80

B. +120; -80

C. -120; -120

D. -80; -120

***Please choose A, B, C, or D and show work. Thank you!

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