What is the depreciation tax


Fill in the missing numbers in the following income statement: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32.)

Sales $ 644,300

Costs 345,800

Depreciation 96,500

EBIT $

Taxes (40%)

Net income $

What is the OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.)

OCF = $

What is the depreciation tax shield? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.)

Depreciation tax shield =

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the depreciation tax
Reference No:- TGS02649336

Expected delivery within 24 Hours