Apex industries expects to earn 25 million in operating, Ask an Expert

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Apex Industries expects to earn $25 million in operating profit next year. The company pays an operating tax rate of 30 percent. If the value of leased asset is $125 and the cost of debt is 10 percent, what is the approximate after-tax operating profit, adjusted for capitalized operating leases?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92040925

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