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In its third year, a project is expected to generate earnings before interest, taxes, depreciation, and amortization of $123,474 and its depreciation and amortization expense is expected to be $47,292. If the company’s tax rate is 38%, what is the project’s expected net operating profit after taxes?

A) $55,814

B) $76,554

C) $61,023

D) $98,362

E) $87,132

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92416743

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