Calculating the following income statement
Required:
A) Fill in the missing numbers (Round your numbers to 2 decimal places e.g. 32.16)
| Sales | $ 748,166 |
| Costs | 486,752 |
| Depreciation | 110,700 |
| EBIT | ------------- |
| Taxes (32%) | ------------- |
| Net income | -------------- |
b) Calculate the OCF. (Round your answer to 2 decimals (e.g. 32.16)
The OCF is $------------
c) What is the depreciation tax shield? (Round your answer to 2 decimal places e.g. 32.16)
The depreciation tax shield is $----------
