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Business, 16.08.2021 22:00 Jolenesopalski

Assume a corporation has earnings before depreciation and taxes of $106,000, depreciation of $44,000, and that it has a 40 percent tax bracket. a. Compute its cash flow using the following format.
Earnings before depreciation and taxes
Depreciation
Earnings before taxes
Taxes
Earnings after taxes
Depreciation
Cash flow
b. How much would cash flow be if there were only $15,000 in depreciation?

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