The jupiter corporation has a gross profit of 776000 and, Ask an Expert

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The Jupiter Corporation has a gross profit of $776,000 and $332,000 in depreciation expense. The Saturn Corporation also has $776,000 in gross profit, with $45,500 in depreciation expense. Selling and administrative expense is $256,000 for each company. (a) Given that the tax rate is 40 percent, compute the cash flow for both companies.

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