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    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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    Solution Preview

    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 ...

    Solution Summary

    This solution is comprised of a detailed explanation to compute the cash flow for both companies.

    $2.19

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