The moore corporation had operating income ebit of 350000, Ask an Expert

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The Moore Corporation had operating income (EBIT) of $350,000. The company's depreciation expense is $70,000. Moore is 100% equity financed, and it faces a 35% tax rate.

What is the company's net income?

Assuming no changes to any of the Balance Sheet accounts, what is its net cash flow?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91564745

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