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Problem 2. Consider the following income statement: Sales $492,696 Costs $320,544 Depreciation $72,900 Taxes 24% Calculate the EBIT Calculate the net income. Calculate the OCF.
Problem 2. Consider the following income statement:
Sales $492,696
Costs $320,544
Depreciation $72,900
Taxes 24%
Calculate the EBIT
Calculate the net income.
Calculate the OCF.
What is the depreciation tax shield?
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Financial Management For Nurse Managers
Authors: J. Michael Leger
5th Edition
1284230937, 9781284230932
