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Consider the following income statement: Sales $ 510,944 Costs 332,416 Depreciation 75,600 Taxes 33 % Required: (a ) Calculate the EBIT. (b ) Calculate the

Consider the following income statement:


Sales	$ 510,944
Costs	332,416
Depreciation	75,600
Taxes	33 %

Required:
(a )	Calculate the EBIT.

(b )	Calculate the net income.

(c )	Calculate the OCF.

(d )	What is the depreciation tax shield?

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