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