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1. Why is it important to explain trends in revenue and in net income in a financial analysis? Also, why should you compare numbers over time to competitors? please explain why.

2. Suppose a piece of equipment has a purchase price of $123,456 and can be straight-line depreciated over 5 years. If the tax rate is 30% and the discount rate is 11.5%, how much value does depreciation add to the firm? Calculate your answer to the nearest penny. Please show work.

Financial Management, Finance

  • Category:- Financial Management
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