Consider the following income statement: Sales ..................... $747,300 Costs ...................... 582,600 Depreciation ........... 89,300 EBIT ................................... ?

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Consider the following income statement:

Sales ..................... $747,300
Costs ...................... 582,600
Depreciation ........... 89,300
EBIT ................................... ?
Taxes (22%) ..................... ?
Net income ..................... ?

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Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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Question Posted: Jul 17, 2019 11:16 AM

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Consider the following income statement: Sales ..................... $747,300 Costs ...................... 582,600 Depreciation ........... 89,300 EBIT ................................... ?

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To find the OCF we need to complete the income statement as foll...View the full answer

Fundamentals of Corporate Finance

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