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The answer to Net Cash Flow

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If a company has EBIT of $2million and a depreciation of $625,000. The company is 100% equity financed and is in the 32% tax bracket. How do you figure company net cash flow? what is the net cash flow?

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The solution shows calculations of net cash flow.

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EBIT = 20,00,000
Depreciation =$625,000.
Tax rate = 32%
Net cash flow = EBIT + ...

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