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Consider the following income statement: Sales $558,400 Costs 346,800 Depreciation 94,500 EBIT ______ Taxes (35%)_____ Net income ____ Fill in the missing numbers and then
Consider the following income statement:
Sales $558,400
Costs 346,800
Depreciation 94,500
EBIT ______
Taxes (35%)_____
Net income ____
Fill in the missing numbers and then calculate the OCF. What is the depreciation
tax shield?
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