Thoroughly explained in explaination section. Step-by-step explanation The bridge from ADS's reported cash EBITDA to adjusted cash EBITDA as of 12/31/2019, after Quality of Earnings (Q of E) adjustments, would include the following adjustments: Reported Cash EBITDA as of 12/31/2019: Hosted HR Management Software Services: $15 million Frozen Banana Business (through March 31, 2019): $4.5 million Software Consulting Business (through September 30, 2019): $4.2 million Venezuelan Consulting Assignment (one-time project): $3.3 million Lucille Bluth's Children Expenses: $3.8 million Total Reported Cash EBITDA: $31.8 million Adjustments to Reported Cash EBITDA for Quality of Earnings Analysis: Deferred Revenue Liability: -$1.5 million Restructuring Expense (expected in 2020): $2 million Patent Dispute Settlement: $2.5 million Frozen Banana Waste Cleanup: -$1 million Total Adjustments to Reported Cash EBITDA: $2 million Adjusted Cash EBITDA as of 12/31/2019: Hosted HR Management Software Services: $15 million Frozen Banana Business (through March 31, 2019): $4.5 million Software Consulting Business (through September 30, 2019): $4.2 million Venezuelan Consulting Assignment (one-time project): $3.3 million Lucille Bluth's Children Expenses: $3.8 million Adjusted Cash EBITDA: $33.8 million

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To bridge from the reported cash EBITDA to the adjusted cash EBITDA as of 123120... View the full answer