Consider the following income statement: Sales $ 383,208 Costs 249,312 Depreciation 56,700 Taxes 25% Calculate the EBIT. Calculate the net income. Calculate the OCF. What is the depreciation tax shield?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 3P
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Consider the following income statement:

Sales $ 383,208
Costs 249,312
Depreciation 56,700
Taxes 25%

Calculate the EBIT.

Calculate the net income.

Calculate the OCF.

What is the depreciation tax shield? Pls fast 

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