Consider the following income statement: Sales ............................... $704,600 Costs ................................. 527,300 Depreciation ..................... 82,100 EBIT ............................................ ?
Question:
Consider the following income statement:
Sales ............................... $704,600
Costs ................................. 527,300
Depreciation ..................... 82,100
EBIT ............................................ ?
Taxes (22%) .................................?
Net income ................................. ?
Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield?
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Sales 704600 Cost 527300 Depricitaion 82100 E...View the full answer
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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