Business, 08.11.2019 05:31, xXFLUFFYXx
The rogers corporation has a gross profit of $704,000 and $333,000 in depreciation expense. the evans corporation also has $704,000 in gross profit, with $49,300 in depreciation expense. selling and administrative expense is $191,000 for each company.
a. given that the tax rate is 40 percent, compute the cash flow for both companies.
cash flow rogers=
cash flow evans=
b. calculate the difference in cash flow between the two firms.
Answers: 3
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The rogers corporation has a gross profit of $704,000 and $333,000 in depreciation expense. the evan...
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