What is the depreciation tax, Financial Management

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What is the depreciation tax

Fill in the missing numbers for the following income statement. (Input all amounts as positive values. Do not round intermediate calculations.)

Sales $ 673,900

Costs 428,800

Depreciation 101,400

EBIT $

Taxes (35%)

Net income $

Calculate the OCF.

OCF $

What is the depreciation tax shield?

Depreciation tax shield $

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Financial Management: What is the depreciation tax

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