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Problem 9-4 Calculating OCF [LO 2] Requirement 1: Fill in the missing numbers in the following income statement: (Do not round intermediate calculations.) Sales $
Problem 9-4 Calculating OCF [LO 2]
| Requirement 1: |
| Fill in the missing numbers in the following income statement: (Do not round intermediate calculations.) |
| Sales | $ | 644,400 |
| Costs | 345,900 | |
| Depreciation | 96,600 | |
| EBIT | $ | |
| Taxes (35%) | ||
| Net income | $ | |
| Requirement 2: |
| What is the OCF? |
| OCF | $ |
| Requirement 3: |
| What is the depreciation tax shield? |
| Depreciation tax shield | $ |
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