Problemassume a firm has earnings before depreciation and, Ask an Expert

Accounting

Problem:

Assume a firm has earnings before depreciation and taxes of $500,000 and depreciation of $150,000.

Required:

Question 1: If the firm is in a 35% tax bracket, compute its cash flow.

Question 2: If it is in a 20% tax bracket, compute its cash flow.

Note: Please show guided help with steps and answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168887

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