If a company's net income is ($30) million, its depreciation and amortization is ($10) million, its interest

Question:

If a company's net income is \($30\) million, its depreciation and amortization is \($10\) million, its interest expense is \($5\) million, and its tax rate is 30%, the company's EBDA and EBITDA, respectively, are closest to:

A. \($40\) million and \($62\) million.

B. \($42\) million and \($48\) million.

C. \($45\) million and \($64\) million.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

Question Posted: