Question

Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) sales-666800...

Fill in the missing numbers for the following income statement. (Do not round intermediate calculations.) sales-666800 costs-429200 Depre-102,800 Ebit-missing taxes(21%)-missing net income-missing b. Calculate the OCF. (Do not round intermediate calculations.) c. What is the depreciation tax shield? (Do not round intermediate calculations.)

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sales less: Costs less: Depreciation EBIT $666,800 $429,200 $102,800 $134,800 less: tax @ 21% Net income $28,308 $106,492 EBI

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