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Consider the following income statement: Sales $ 401,456 261,184 59,400 34 % Costs Depreciation Taxes Required: (a) Calculate the EBIT (Click to select) (b) Calculate

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Consider the following income statement: Sales $ 401,456 261,184 59,400 34 % Costs Depreciation Taxes Required: (a) Calculate the EBIT (Click to select) (b) Calculate the net income. (Click to select) (c) Calculate the OCF (Click to select) (d) What is the depreciation tax shield? (Click to select)

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