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Taxation (30 pts} You and four iends have just formed a private corporation. The starting capital is $2,000,000, made up of $200,000 om each of the...
What are the after-tax cashflows over the five-year period of the company? And how much money does the company have after five years? Assuming MARR is 0%. Hint: Please refer to the "Cash flow in the Company" diagram in lecture 7 for calculations. Losses can be carried forward to the next year for tax deduction purposes.(20 pts)