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Consider the following income statement: Sales $ 1,094,880 Costs 712,320 Depreciation 162,000 Taxes 24 % a.Calculate the EBIT b.Calculate the net income. c. Calculate the
Consider the following income statement: |
Sales | $ 1,094,880 | ||
Costs | 712,320 | ||
Depreciation | 162,000 | ||
Taxes | 24 % | ||
a.Calculate the EBIT b.Calculate the net income. c. Calculate the OCF. d. What is the depreciation tax shield?
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