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What is the difference in cash flow between the two firms

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Reference no: EM132472559

The Jupiter Corporation has a gross profit of $928,000 and $411,000 in amortization expense. The Saturn Corporation has $928,000 in gross profit, with $590,000 in amortization expense. Selling and administrative expense is $179,000 for each company.

Question a. Given that the tax rate is 40 percent, compute the cash flow for both companies.

  • Jupiter Cash flow$ =? Saturn Cash flow$ =? $

Question b. What is the difference in cash flow between the two firms?

  • Difference in cash flow =? $

Reference no: EM132472559

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