Patterson Brothers recently reported an EBITDA of $12.5 million and net income of $2.6 million. It had
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Patterson Brothers recently reported an EBITDA of $12.5 million and net income of $2.6 million. It had $2.0 million of interest expense, and its corporate tax rate was 35%, what was its charge for depreciation and amortization? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary. Do not round intermediate calculations.
Related Book For
Financial Management Theory And Practice
ISBN: 978-0176583057
3rd Canadian Edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
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