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Requirement 1: Fill in the missing numbers in the following income statement: (Do not round intermediate calculations.) Sales $ 644,800 Costs 346,300 Depreciation 97,000 EBIT
| Requirement 1: |
| Fill in the missing numbers in the following income statement: (Do not round intermediate calculations.) |
| Sales | $ | 644,800 |
| Costs | 346,300 | |
| Depreciation | 97,000 | |
| EBIT | $ | |
| Taxes (30%) | ||
| Net income | $ | |
| Requirement 2: |
| What is the OCF? |
| OCF | $ |
| Requirement 3: |
| What is the depreciation tax shield? |
| Depreciation tax shield | $ |
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Personal Finance Version 3.1
Authors: Rachel S. Siegel
3rd Edition
1453334807, 978-1453334805
