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Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) Sales: $658,400 Cost: $419,400 Depreciation: $98,600 EBIT: Taxes 22%: Net
Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.)
Sales: $658,400
Cost: $419,400
Depreciation: $98,600
EBIT:
Taxes 22%:
Net Income:
a. Calculate the OCF. (Do not round intermediate calculations.)
b. What is the depreciation tax shield? (Do not round intermediate calculations.)
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