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finance ch.3 - 70.00 Points Missed 30.00 Percentage 70.0 1...

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Choose a regrade mode  Change points or correct answer  Drop question  Give full credit  This regrade will affect all users who submitted this Assessment containing this question.  Regrade not available  This is a linked Assessment or Question. Only the owner has edit rights.  Time expired  Your time has expired. The assessment has been automatically submitted.  Regrade not available  This content item's settings prohibit regrade on this item.  Submitted by Ditto, Nathan (nathanditto) on 9/21/2009 11:11:51 PM Points Awarded
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Unformatted text preview: 70.00 Points Missed 30.00 Percentage 70.0% 1. SCENARIO 3-3 Laiho Industries reported the following information in its annual report: • Net income = $7.0 million. • NOPAT = $60 million. • EBITDA = $120 million. • Net profit margin = 5.0%. Laiho has a depreciation expense, but no amortization expense. Laiho has $300 million in operating capital, its after-tax cost of capital is 10%, and the firm's tax rate is 40%. What is Laiho's depreciation expense? A) $20.0 million B) $77.1 million C) $30.0 million D) $60.0 million E) $53.0 million...
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