1. Fill in the missing numbers in the following income statement: Sales $644,300 Costs 345,800 Depreciation 96,500 EBIT Taxes $ (40%) $ Net income 2. What is the OCF? 3: What is the depreciation tax shield?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter7: Types And Costs Of Financial Capital
Section: Chapter Questions
Problem 2aM
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Fill in the missing numbers in the following income statement:

1. Fill in the missing numbers in the following income statement:
Sales
$644,300
Costs
345,800
Depreciation 96,500
EBIT
Taxes
$
(40%)
$
Net income
2. What is the OCF?
3: What is the depreciation tax shield?
Transcribed Image Text:1. Fill in the missing numbers in the following income statement: Sales $644,300 Costs 345,800 Depreciation 96,500 EBIT Taxes $ (40%) $ Net income 2. What is the OCF? 3: What is the depreciation tax shield?
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