Talbot Enterprises recently reported an EBITDA of $8 million and net income of $2.4 million. It had

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Talbot Enterprises recently reported an EBITDA of $8 million and net income of $2.4 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?

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Intermediate Financial Management

ISBN: 978-1285850030

12th edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Question Posted: Oct 24, 2016 08:43 AM

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Talbot Enterprises recently reported an EBITDA of $8 million and net income of $2.4 million. It had

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EBITDA 8000000 NI 2400000 Int 2000000 T 40 DA EBITDA 8000000 DA 20...View the full answer

Intermediate Financial Management

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