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Author Question: A firm needs $1 of pre-tax income to pay $1 of interest, but if it is in the 27% ... (Read 31 times)

jlol3

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on: Aug 7, 2023

Question 1

A business’s net cash flow generally differs from its accounting profit, and the net cash flow equals net income plus noncash revenues minus noncash charges.

◦ true
◦ false

Question 2

A firm needs $1 of pre-tax income to pay $1 of interest, but if it is in the 27% federal-plus-British Columbia tax bracket, it must earn $1.37 of pre-tax income to pay $1 of dividends.

◦ true
◦ false
Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by jlol3 on Aug 7, 2023

kaynelson17

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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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jlol3

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Reply 2 on: Aug 7, 2023
Excellent

Chelseyj.hasty

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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