Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) Sales 2$ 659,000 Costs 420,100 Depreciation 98,900 EBIT Taxes (23%) Net income p. Calculate the OCF. (Do not round intermediate calculations.) . What is the depreciation tax shield? (Do not round intermediate calculations.) b. OCF с. Depreciation tax shield

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
2$
659,000
Costs
420,100
Depreciation
98,900
EBIT
Taxes (23%)
Net income
b. Calculate the OCF. (Do not round intermediate calculations.)
What is the depreciation tax shield? (Do not round intermediate calculations.)
C.
b.
OCF
с.
Depreciation tax shield
Transcribed Image Text:Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) Sales 2$ 659,000 Costs 420,100 Depreciation 98,900 EBIT Taxes (23%) Net income b. Calculate the OCF. (Do not round intermediate calculations.) What is the depreciation tax shield? (Do not round intermediate calculations.) C. b. OCF с. Depreciation tax shield
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