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Consider the following income statement: Sales $ 565,688 Costs 368,032 Depreciation 83,700 Taxes 32 % Required: (a ) Calculate the EBIT. (b ) Calculate the
| Consider the following income statement: |
| Sales | $ 565,688 |
| Costs | 368,032 |
| Depreciation | 83,700 |
| Taxes | 32 % |
| Required: | |
| (a ) | Calculate the EBIT. |
| (b ) | Calculate the net income. |
| (c ) | Calculate the OCF. |
| (d ) | What is the depreciation tax shield? |
rev: 09_18_2012
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
