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Consider the following income statement Sales $ 912,000 Costs 593,600 Depreciation 135,000 Taxes 24 % (a ) Calculate the EBIT (b ) Calculate the net

Consider the following income statement Sales $ 912,000 Costs 593,600 Depreciation 135,000 Taxes 24 %

(a ) Calculate the EBIT

(b ) Calculate the net income.

(c ) Calculate the OCF.

(d ) Calculate the depreciation tax shield.

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