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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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