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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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