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   $ 644,000

Costs 345,500

Depreciation 96,200

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 $

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Financial Management: What is the depreciation tax
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