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Consider the following income statement: Sales $ 602,184 Costs 391,776 Depreciation 89,100 Taxes 24% Calculate the EBIT. tes EBIT Calculate the net income. Net income

Consider the following income statement: Sales $ 602,184 Costs 391,776 Depreciation 89,100 Taxes 24% Calculate the EBIT. tes EBIT Calculate the net income. Net income Calculate the OCF. OCF What is the depreciation tax shield? Depreciation tax shield

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