(24) Income Statement Pearson Brothers recently reported an EBITDA of $7.5 million and net income of $1.8...

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(2–4)

Income Statement 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%. What was its charge for depreciation and amortization?

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Financial Management Theory And Practice

ISBN: 9781439078105

13th Edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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