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note: says taxes and net income is wrong Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) Sales 668,000
note: says taxes and net income is wrong
Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) Sales 668,000 Costs 430,600 Depreciation 103,400 EBIT 134,000 Taxes (23%) 52,600 Net income $ 80,400 a. Calculate the OCF. (Do not round intermediate calculations.) b. What is the depreciation tax shield? (Do not round intermediate calculations.) a. OCF b. Depreciation tax shieldStep by Step Solution
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