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