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4. Calculating OCF. Consider the following income statement: Sales Costs Depreciation EBIT Taxes (35%) Net income $657,900 352,900 97,500 ? ? ? Fill in the

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4. Calculating OCF. Consider the following income statement: Sales Costs Depreciation EBIT Taxes (35%) Net income $657,900 352,900 97,500 ? ? ? Fill in the missing numbers and then calculate the OCF What is the deprec shield? LO 1 6. Calculating Expected Return. Based on the following information, calculate the expected return. Probability of State of Economy Rate of Return if State Occurs State of Economy Recession Normal Boom .20 .50 .30 -.09 .11 .30

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