(Answered) The moore corporation had operating income ebit of 750000

Management Studies

The Moore Corporation had operating income (EBIT) of $750,000. The company's depreciation expense is $187,500. Moore is 100% equity financed, and it faces a 40% tax rate.

1. What is the company's net income?

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

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