Business, 18.06.2020 13:57 natalymorales96
Delta Corporation had revenues of 12 million €, cash operating expenses of 8 million €, and depreciation and amortization of 1.5 million € during 2019. The firm purchased 700,000 € of equipment during the year while increasing its inventory by 500,000 € (with no corresponding increase in current liabilities).
The marginal tax rate for Delta Corporation is 20 percent.
What is Delta Corporation's Net Operating Profit After Tax for 2019?
Answers: 2
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Delta Corporation had revenues of 12 million €, cash operating expenses of 8 million €, and deprecia...
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