Consider the following income statement; Sales . . . . . . . . . . .
Fantastic news! We've Found the answer you've been seeking!
Question:
Consider the following income statement;
Sales . . . . . . . . . . . . . . . . . . $558,400
Costs . . . . . . . . . . . . . . . . . . 346,800
Depreciation . . . . . . . . . . . . . . 94,500
EBIT . . . . . . . . . . . . . . . . . . . . . . . . ?
Taxes (35%) . . . . . . . . . . . . . . . . . .?
Net income . . . . . . . . . . . . . . . . . . ?
Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield?
Related Book For
Financial Markets and Institutions
ISBN: 978-0077861667
6th edition
Authors: Anthony Saunders , Marcia Cornett
Posted Date: