Consider the following income statement: Sales ........................$537,200 Costs .........................346,800 Depreciation ..............94,500 EBIT...................................? Taxes (21%)......................? Net income......................? Fill
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Consider the following income statement:
Sales ........................$537,200
Costs .........................346,800
Depreciation ..............94,500
EBIT...................................?
Taxes (21%)......................?
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
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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