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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 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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Managing Finance A Socially Responsible Approach
Authors: D. Crowther
1st Edition
0750661011, 978-0750661010
