The moore corporation had operating income ebit of 650000, Ask an Expert

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The Moore Corporation had operating income (EBIT) of $650,000. The company's depreciation expense is $162,500. Moore is 100% equity financed, and it faces a 40% 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.:- M91941705

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