What is net cash flow for joints physical therapy company

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Reference no: EM133007314

Problem 1: Your Joints Physical Therapy Company is 100 percent equity financed. The company has $845,000 taxable income, and its depreciation expense is $225,000. Your Joints faces a 28 percent tax rate. What is its net cash flow?

Group of answer choices

Option 1: $608,400

Option 2: $1,070,000

Option 3: $833,400

Option 4: $587,050

Reference no: EM133007314

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