Fill in the missing numbers for the following income statement. (Input all amoun

Question

Fill in the missing numbers for the following income statement. (Input all amounts as positive values. Do not round intermediate calculations.) Sales $ 674,900 Costs 429,800 Depreciation 102,400 EBIT $ Taxes (34%) Net income $ Calculate the OCF. OCF $ What is the depreciation tax shield? Depreciation tax shield $

Fill in the missing numbers for the following income statement. (Input all amounts as positive values. Do not round intermediate calculations.) Sales Costs Depreciation 674,900 429,800 102,400 EBIT Taxes (34%) Net income Calculate the OCF. OCF What is the depreciation tax shield? Depreciation tax shield

Explanation / Answer

OCF = Net Income + Depreciation

Depreciation Tax Shield = Depreciation x Tax rate

Sales 674,900 Costs 429,800 Depreciation 102,400 EBIT 142,700 Tax (34%) 48518 Net Income 94,182 OCF 196,582 Dep.TaxShd 34816

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