Question
Company A has a net income of $20,000 and has a tax rate of 50%. Its interest expense is $8,000 and interest income is $4,000.
Company A has a net income of $20,000 and has a tax rate of 50%. Its interest expense is $8,000 and interest income is $4,000. The company has depreciation and amortization which is included in COGS and SG&A of $4,000. Please calculate EBITDA of Company A.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Sports Finance And Management Real Estate Media And The New Business Of Sport
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills, Mackenzie Zondlak
2nd Edition
1138341819, 9781138341814
