XYZ Company, a 'for profit' business, had revenues of $12 million in 2016 Expenses other than depreciation totaled 75 percent of revenues XYZ Company, must pay taxes at a rate of 40 percent of pretax (operating) income All revenues were collected in cash during the year, and all expenses other than depreciation were paid in cash Depreciation originally was $1 5 million however, now the company has decided to be more conservative in its depreciation of its capital assets XYZ now has $750,000 in depreciation expense instead of $1 5 million Based on this change in depreciation expense, what would XYZ's net income be Based on this change in depreciation expense, what would XYZ's cash flow be Based on this change in depreciation expense, what would XYZ's total profit margin

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XYZ Company, a 'for profit' business, had revenues of $12 million in 2016  Expenses other than depreciation totaled 75 percent of revenues  XYZ Company, must pay taxes at a rate of 40 percent of pretax (operating) income  All revenues were collected in cash during the year, and all expenses other than depreciation were paid in cash  Depreciation originally was $1 5 million  however, now the company has decided to be more conservative in its depreciation of its capital assets  XYZ now has $750,000 in depreciation expense instead of $1 5 million  Based on this change in depreciation expense, what would XYZ's net income be  Based on this change in depreciation expense, what would XYZ's cash flow be  Based on this change in depreciation expense, what would XYZ's total profit margin

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XYZ Company, a 'for-profit' business, had revenues of $12 million in 2016. Expenses other than depreciation totaled 75 percent of revenues. XYZ Company, must pay

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