a. Fill in the missing numbers in the following income statement: Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32. Sales Costs Depreciation EBIT Taxes (23%) Net income $ 594,000 366,800 116,900 b. What is the OCF? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32. b. OCF c. Depreciation tax shield c. What is the depreciation tax shield? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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a. Fill in the missing numbers in the following income statement:
Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32.
Sales
Costs
Depreciation
EBIT
Taxes (23%)
Net income
594,000
366,800
116,900
b. What is the OCF?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.
c. What is the depreciation tax shield?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.
b. OCF
c. Depreciation tax shield
Transcribed Image Text:ces a. Fill in the missing numbers in the following income statement: Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32. Sales Costs Depreciation EBIT Taxes (23%) Net income 594,000 366,800 116,900 b. What is the OCF? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32. c. What is the depreciation tax shield? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32. b. OCF c. Depreciation tax shield
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