Business, 26.03.2020 17:36 bermudezs732

The Rogers Corporation has a gross profit of $704,000 and $318,000 in depreciation expense. The Evans Corporation also has $704,000 in gross profit, with $44,200 in depreciation expense. Selling and administrative expense is $252,000 for each company.
Given that the tax rate is 40 percent, compute the cash flow for both companies.

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The Rogers Corporation has a gross profit of $704,000 and $318,000 in depreciation expense. The Evan...

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