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Consider the following income statement: Sales $ 1,058,384 Costs 688,576 Depreciation 156,600 Taxes 25 % Calculate the EBIT. 213,208 223,898 219,604 206,812 202,548 Calculate the

Consider the following income statement: Sales $ 1,058,384 Costs 688,576 Depreciation 156,600 Taxes 25 % Calculate the EBIT. 213,208 223,898 219,604 206,812 202,548

Calculate the net income. 159,906 167,901 164,703 155,109 151,911

Calculate the OCF. 316,506 423,110 159,906 332,331 300,681

What is the depreciation tax shield?

39,150 156,600 41,108 37,193 37,976

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