Consider the following income statement: Sales.... $682,900 COST.... 437,800 Depreciation... 110,400 EBIT...... ? Taxes (34%).... ? Net

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Consider the following income statement:

Sales.... $682,900

COST.... 437,800

Depreciation... 110,400

EBIT...... ?

Taxes (34%).... ?

Net income... ?

Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Mar 13, 2014 08:07 AM

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Consider the following income statement: Sales.... $682,900 COST.... 437,800 Depreciation... 110,400 EBIT...... ? Taxes (34%).... ? Net

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Input area Sales 682900 Variable cost 437800 De...View the full answer

Fundamentals of corporate finance

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