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Consider the following income statement: Sales Costs Depreciation Taxes $ 948,896 617,344 140,400 32% Required: (a ) Calculate the EBIT. (Click to select) (b )

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Consider the following income statement: Sales Costs Depreciation Taxes $ 948,896 617,344 140,400 32% Required: (a ) Calculate the EBIT. (Click to select) (b ) Calculate the net income. (Click to select) (c) Calculate the OCF. (Click to select) 9 (d) What is the depreciation tax shield? (Click to select)

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