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A company has $10mm in Net income. It paid $1mm in interest expense last year. Its depreciation and amortization are $2mm combined. It paid $3mm

A company has $10mm in Net income. It paid $1mm in interest expense last year. Its depreciation and amortization are $2mm combined. It paid $3mm in taxes last year. Its revenue was $150mm. What was EBITDA?

Question 9 options: $11mm $10mm $20mm $16mm

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