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Consider the following income statement: Sales $ 675,176 Costs 439,264 Depreciation 99,900 Taxes 32 % Required: (a ) Calculate the EBIT. 140,092 142,813 136,012 131,932
| Consider the following income statement: |
| Sales | $ 675,176 | ||
| Costs | 439,264 | ||
| Depreciation | 99,900 | ||
| Taxes | 32 % | ||
| Required: | |
| (a ) | Calculate the EBIT. |
| 140,092 142,813 136,012 131,932 129,211 | |
| (b ) | Calculate the net income. |
| 87,864 89,713 95,263 97,112 92,488 |
| (c ) | Calculate the OCF. |
| 192,388 202,007 279,436 92,488 182,769 |
| (d ) | What is the depreciation tax shield? |
| 33,566 99,900 30,370 31,968 31,009 |
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Property Companies An Industry Accounting And Auditing Guide
Authors: Accountancy Books
1st Edition
1853558079, 978-1853558078
