Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) Sales Costs Depreciation EBIT Taxes (24%) Net income $ OCF b. Calculate the OCF. (Do not round intermediate calculations.) c. What is the depreciation tax shield? (Do not round intermediate calculations.) b. C. Depreciation tax shield 662,600 424,300 100,700

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
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Fill in the missing numbers for the following income statement. (Do not round
intermediate calculations.)
Sales
Costs
Depreciation
EBIT
Taxes (24%)
Net income
b.
b. Calculate the OCF. (Do not round intermediate calculations.)
c. What is the depreciation tax shield? (Do not round intermediate calculations.)
C.
$
OCF
662,600
424,300
100,700
Depreciation tax shield
Transcribed Image Text:Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) Sales Costs Depreciation EBIT Taxes (24%) Net income b. b. Calculate the OCF. (Do not round intermediate calculations.) c. What is the depreciation tax shield? (Do not round intermediate calculations.) C. $ OCF 662,600 424,300 100,700 Depreciation tax shield
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