The income statement of Orange Company showed the following figures: Revenues Cost of Goods Sold Gross Margin Operating Expenses Operating Income Php750,000 250,000 500,000 200,000 300,000 Orange Company owns an equipment with original acquisition cost of P1,000,000 with useful life of 10 years. Operating expenses also include interest expense of P15,000. Prevailing income tax rate is at 25%. How much is the EBITDA of Orange Company?  

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To calculate the EBITDA Earnings Before Interest Taxes Depreciation and Amortization of Orange Compa... View the full answer