Pearson Brothers recently reported an EBITDA of $7.5 million and net income of $1.8 million. It had

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Pearson Brothers recently reported an EBITDA of $7.5 million and net income of $1.8 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. Calculate its charge for depreciation and amortization?

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Question Posted: Sep 23, 2011 11:04 AM

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Pearson Brothers recently reported an EBITDA of $7.5 million and net income of $1.8 million. It had

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EBITDA 7500000 NI 1800000 Int 2000000 T 40 DA E...View the full answer

Corporate Finance A Focused Approach

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