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Consider the following income statement: Sales $ 9 3 0 , 6 4 8 Costs 6 0 5 , 4 7 2 Depreciation 1 3

Consider the following income statement:
Sales $ 930,648
Costs 605,472
Depreciation 137,700
Taxes 24%
Calculate the EBIT.
Calculate the net income.
Calculate the OCF.
What is the depreciation tax shield?

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