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Cash Flow

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cdlspivey | 03:40 Sun 23rd Mar 2008 | Business & Finance
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A US Corporation has operating income (EBIT) of $750,000. The company's depreciation expense is $200,000. The company is 100 percent equity financed and it faces a 40 percent tax rate.
a. What is the company's net income?
b. What is its cash flow?
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