curious dude
New member
Can somebody please show me how to solve this simple financial question:
Step by step clear instructions gets 10 points..:
Pearson brothers recently reported an EBITDA of $7.5 million and net income of $1.8 million. It had $2 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
Step by step clear instructions gets 10 points..:
Pearson brothers recently reported an EBITDA of $7.5 million and net income of $1.8 million. It had $2 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?