Calculation of interest expense & depreciation
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If a company has an operating income of $700,000, net income of $200,000 and net cash flow after taxes of $450,000 and is in the 50% tax bracket, what combination of interest expense and depreciation expense would the company have?
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Solution Summary
The answer contains the computation of interest expense and depreciation when net operating income, net income and net cash flows are given
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dear student,
Income from operations $700,000
Interest expense 300,000
Income before ...
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