a. 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 Costs Depreciation EBIT Taxes (25%) Net income b. $ b. What is the OCF? (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g. 32.) c. What is the depreciation tax shield? (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g. 32.) C. 643,700 384,300 136,500 OCF Depreciation tax shield
a. 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 Costs Depreciation EBIT Taxes (25%) Net income b. $ b. What is the OCF? (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g. 32.) c. What is the depreciation tax shield? (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g. 32.) C. 643,700 384,300 136,500 OCF Depreciation tax shield
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter7: Operating Assets
Section: Chapter Questions
Problem 12MCQ: Which of the following statements is true? a. The fixed asset turnover ratio assists managers in...
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![a. 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
Costs
Depreciation
EBIT
Taxes (25%)
Net income
b.
$
b. What is the OCF? (Do not round Intermediate calculations and round your answer
to the nearest whole number, e.g. 32.)
c. What is the depreciation tax shield? (Do not round Intermediate calculations and
round your answer to the nearest whole number, e.g. 32.)
C.
643,700
384,300
136,500
OCF
Depreciation tax shield](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6df4de3a-cd77-4e46-a546-b353c47d70ee%2F8bddd509-64d6-443a-bd92-25f3d5629093%2Ffkgghns_processed.png&w=3840&q=75)
Transcribed Image Text:a. 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
Costs
Depreciation
EBIT
Taxes (25%)
Net income
b.
$
b. What is the OCF? (Do not round Intermediate calculations and round your answer
to the nearest whole number, e.g. 32.)
c. What is the depreciation tax shield? (Do not round Intermediate calculations and
round your answer to the nearest whole number, e.g. 32.)
C.
643,700
384,300
136,500
OCF
Depreciation tax shield
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