Question: Computing the following income statement
Required:
[A] Fill in the missing numbers [Round your numbers to two decimal places e.g. 32.16]
|
Sales
|
$ 748,166
|
|
Costs
|
486,752
|
|
Depreciation
|
110,700
|
|
EBIT
|
-------------
|
|
Taxes (32%)
|
-------------
|
|
Net income
|
--------------
|
[B] Compute the OCF. [Round your answer to two decimals (e.g. 32.16]
The OCF is $------
[C] Compute the depreciation tax shield? [Round your answer to two decimal places e.g. 32.16]
The depreciation tax shield is $-----