Suppose team is organized as pass-through firm

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Suppose a team is organized as a pass-through firm. Further, suppose that there are not physical depreciation or roster depreciation or long-term obligation. the tax rates on both are team and the owner's personal income are 33 percent. explain why the owner would be indifferent between making 7.98 million on the team before taxes and losing 16.2 million on the team after taxes.

Reference no: EM131259496

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