Consider the following income statement: Sales $558,400 Costs 346,800 Depreciation 94,500 EBIT ? Taxes (35%) ? Net
Question:
Consider the following income statement:
| Sales | $558,400 |
| Costs | 346,800 |
| Depreciation | 94,500 |
| EBIT | ? |
| Taxes (35%) | ? |
| Net | ? |
Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield?
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Input area Sales 657900 Costs 352900 Depreciation Expe...View the full answer
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Related Book For 
Essentials of Corporate Finance
ISBN: 978-1259277214
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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