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Consider the following income statement: Sales $ 985,392 Costs 641,088 Depreciation 145,800 Taxes 22 % Calculate the EBIT. Calculate the net income. Calculate the OCF.
Consider the following income statement:
Sales $ 985,392
Costs 641,088
Depreciation 145,800
Taxes 22 %
Calculate the EBIT.
Calculate the net income.
Calculate the OCF.
What is the depreciation tax shield?
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