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Barbie Inc. reported EBITDA of $18.75 million and $4.5 million of net income. The firm paid $5 million in interest expense. Its corporate tax rate
Barbie Inc. reported EBITDA of $18.75 million and $4.5 million of net income. The firm paid $5 million in interest expense. Its corporate tax rate is 40%. What was the firms depreciation and amortization expense for the period (in millions of dollars)?
$11.25
$10.50
$7.50
$6.25
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