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Consider the following income statement for Chocoholics Ananymous: (b) Calculate the net income. Recall that in this chapter the interest expense is assumed to be

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Consider the following income statement for Chocoholics Ananymous: (b) Calculate the net income. Recall that in this chapter the interest expense is assumed to be zero (projects are financed with equity). (c) Calculate the OCF. (d) What is the depreciation tax shield? That is, how much money does the depreciation save the company each year

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