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Requirement 1: Fill in the missing numbers in the following income statement: (Do not round intermediate calculations.) Sales $ 644,000 Costs 345,500 Depreciation 96,200 EBIT
Requirement 1: |
Fill in the missing numbers in the following income statement: (Do not round intermediate calculations.) |
Sales | $ | 644,000 |
Costs | 345,500 | |
Depreciation | 96,200 | |
EBIT | $ | |
Taxes (40%) | ||
Net income | $ | |
Requirement 2: |
What is the OCF? |
OCF | $ |
Requirement 3: |
What is the depreciation tax shield? |
Depreciation tax shield | $ |
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