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1. Contrail Air, Inc. has a net income of $298 on total sales of $1200. Costs are $615 and depreciation is $150. The tax rate is 0.36. The firm does not have interest expense. What is the operating Cash Flow?

2. What is Net present value and discount rate, if discount rate is 10%. Cost is 3,600, cash flow 1,100 for each of the six years.

Financial Management, Finance

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