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Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) > Answer is complete but not entirely correct. Sales
Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) > Answer is complete but not entirely correct. Sales $ 668,000 Costs 430,600 Depreciation 103,400 EBIT $ 136,000 x Taxes (23%) 31,280 x Net income $ 104,720 x a. Calculate the OCF. (Do not round intermediate calculations.) b. What is the depreciation tax shield? (Do not round intermediate calculations.) Answer is complete but not entirely correct. a. OCF $ 206,620 b. Depreciation tax $ 23,437 X shield
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
