Question
Consider the following income statement: Sales $682,900 Costs 437,800 Depreciation 110,400 EBIT ? Taxes (34%) ? Net Income ? Fill in the missing numbers and
Consider the following income statement: Sales $682,900 Costs 437,800 Depreciation 110,400 EBIT ? Taxes (34%) ? Net Income ? Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield?
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
