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  3. the rogers corporation has a gross profit of $709,

The Rogers Corporation has a gross profit of $709,000 and $254,000 in depreciation expense. The...

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Accounting

The Rogers Corporation has a gross profit of $709,000 and $254,000 in depreciation expense. The Evans Corporation also has $709,000 in gross profit, with $46,200 in depreciation expense. Selling and administrative expense is $187,000 for each company. a. Given that the tax rate is 40 percent, compute the cash flow for both companies. Rogers Evans Cash flow $ $ b. Calculate the difference in cash flow between the two firms. Difference in cash flow $

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