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Business, 06.02.2020 02:41 elirosejohlandancel

Company c expects to have sales of $12 million. costs other than depreciation are expected to be 75% of sales, and depreciation is expected to be $1.5 million. all sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. the company's federal plus state tax rate is 40% and it has no debt. what is company c's expected cash flow

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Company c expects to have sales of $12 million. costs other than depreciation are expected to be 75%...
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