This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Therefore: 25 million in sales-18 million in operating costs +5 million depreciation = 12 million in taxable income.-40% tax Total operating cash flows = 7.2 million...
View Full Document
This note was uploaded on 03/26/2012 for the course F1515 F1515 taught by Professor Stan during the Spring '10 term at Keller Graduate School of Management.
- Spring '10