Problem 2-21(Algo) Depreciation and cash flow [LO2-5]The Rogers Corporation has a gross profit...
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Accounting
Problem Algo Depreciation and cash flow LOThe Rogers Corporation has a gross profit of $ and $ in depreciation expense. The Evans Corporation also has $ in gross profit, with $ in depreciation expense. Selling and administrative expense is $ for each company.Given that the tax rate is percent, compute the cash flow for both companies. Calculate the difference in cash flow between the two firms.
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