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Author Question: Last year, Michelson Manufacturing reported $23,150 of sales, $7,500 of operating costs other than ... (Read 74 times)

awgagawg

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on: Aug 7, 2023
Last year, Michelson Manufacturing reported $23,150 of sales, $7,500 of operating costs other than depreciation, and $3,350 of depreciation. The company had no amortization charges, it had $4,500 of bonds outstanding that carry a 7% interest rate, and its combined federal and provincial income tax rate was 37%. This year’s data are expected to remain unchanged except for one item, depreciation, which is expected to increase by $865. By how much will the depreciation change cause the firm’s net after-tax income and its net cash flow to change? Assume for this question that the company uses the same depreciation calculations for tax and shareholder reporting purposes.

◦

–$524.63; $309.84


◦

–$536.18; $313.01


◦

–$544.95; $320.05


◦

–$552.75; $341.02

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by awgagawg on Aug 7, 2023

koswald

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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awgagawg

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Reply 2 on: Aug 7, 2023
Excellent

bimper21

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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