Question
Consider the following income statement: Sales $ 875,904 Costs 569,856 Depreciation 129,600 Taxes 21 % Calculate the EBIT. Calculate the net income. Calculate the OCF.
Consider the following income statement: Sales $ 875,904 Costs 569,856 Depreciation 129,600 Taxes 21 %
Calculate the EBIT.
Calculate the net income.
Calculate the OCF.
What is the depreciation tax shield?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
13th edition
1285198840, 978-1285198842
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