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You are given the following information: sales, $310; expenses other than depreciation, $190; depreciation expense, $100; marginal income tax rate, 33%. Calculate the net after-tax
You are given the following information: sales, $310; expenses other than depreciation, $190; depreciation expense, $100; marginal income tax rate, 33%. Calculate the net after-tax cash flow effect of the preceding information using both the indirect and direct methods
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