Consider the following income statement: Sales.... $682,900 COST.... 437,800 Depreciation... 110,400 EBIT...... ? Taxes (34%).... ? Net
Question:
Consider the following income statement:
Sales.... $682,900
COST.... 437,800
Depreciation... 110,400
EBIT...... ?
Taxes (34%).... ?
Net income... ?
Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield?
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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