Question
Consider the following income statement: Sales $ 784,664 Costs 510,496 Depreciation 116,100 Taxes 33 % Required: (a ) Calculate the EBIT. (b ) Calculate the
Consider the following income statement: Sales $ 784,664 Costs 510,496 Depreciation 116,100 Taxes 33 % Required: (a ) Calculate the EBIT. (b ) Calculate the net income. (c ) Calculate the OCF. (d ) What is the depreciation tax shield?
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
978-0133428537
