Question: Consider the following income statement. Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield? Tax rate 22% Complete

 Consider the following income statement. Fill in the missing numbers and

Consider the following income statement. Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield? Tax rate 22% Complete the following analysis. Do not hard code values in your calculations. $ Sales Variable costs Depreciation EBT Taxes Net Income 713,500 49,730 87,400 OCF Depreciation tax shield Sheet1

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