Question

9. 3. value: 10.00 points Fill in the missing numbers for the following income statement. (Input all amounts as positive values. Do not round intermediate calculations.) Sales Costs Depreciation 679,900 434,800 107,400 137,700 EBIT 48,195 Taxes (35%) 140630 Net income Calculate the OCF OCF $ 238,230 What is the depreciation tax shield? Depreciation tax shield $ 29280

Answer 1

Sales	679,900
Costs	434,800
Depreciation	107,400
EBIT	137,700
Tax (35%)	48,195
Net Income	89,505
OCF	196,905
Dep. Tax Shield	37,590

Net Income = EBIT - Tax

OCF = Net Income + Depreciation

Tax Shield = Depreciation x Tax rate