IDNLearn.com is your go-to platform for finding reliable answers quickly. Our experts are ready to provide prompt and detailed answers to any questions you may have.

What is the depreciation tax shield if EBIT is $600, depreciation is $1,800, and the tax rate is 30 percent

Sagot :

The depreciation tax shield based on the EBIT, the tax rate and the depreciation is $540.

How do you find the depreciation tax shield?

This can be found as:

= Depreciation x Tax rate

Solving gives:

= 1,800 x 30%

= $540

Find out more on the depreciation tax shield at https://brainly.com/question/24192125.

#SPJ1