Question
Consider the following income statement: Sales $ 602,184 Costs 391,776 Depreciation 89,100 Taxes 22 % What is the EBIT? What is the Net income? What
Consider the following income statement:
Sales $ 602,184
Costs 391,776
Depreciation 89,100
Taxes 22 %
What is the EBIT?
What is the Net income?
What is the OCF?
What is the depreciation tax shield?
Im struggling to figure out this problem every answer i get for the EBIT doesnt make sense
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
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