Question
Civitas Inc. is a manufacturing company. Last year, the company generated $80 million in EBITDA and reported $20 million in depreciation and amortization. The company
Civitas Inc. is a manufacturing company. Last year, the company generated $80 million in EBITDA and reported $20 million in depreciation and amortization. The company also had $50 million in capital expenditures and reported that non-cash working capital increased from $15 to $25 million. If the tax rate is 25%, what is the reinvestment rate for the company?
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Insights Into The Effectiveness Of Internal Audit
Authors: Rainer Lenz
1st Edition
3659852414, 978-3659852411
