Fill in the missing numbers in the following income statement: 1. Fill in the missing numbers in the following income statement:Sales$644,300Costs345,800Depreciation 96,500EBITTaxes$(40%)$Net income2. What is the OCF?3: What is the depreciation tax shield?

Step 1: Define Operating Cash FlowThe operating cash flow refers to the cash flow generated by the…

Answered: 1. Fill in the missing numbers in the…

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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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?