Rogers Corporation and Evans Corporation
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The Rogers Corporation has a gross profit of $880,000 and $360,000 in depreciation expense. The Evans Corporation also has $880,000 in gross profit, with $60,000 in depreciation expense. Selling and admin expense is $120,000 for both companies. Given the tax rate of 40%, compute the cash flow for both companies.
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This solution is comprised of a detailed explanation to compute the cash flow for both companies.
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The Rogers Corporation has a gross profit of $880,000 and $360,000 in depreciation expense. The Evans Corporation also has $880,000 in gross profit, with ...
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