Question
In 2016, Were For Sale (WFS) had gross profit of $1 million, operating profit of $100,000, depreciation and amortization of $250,000, paid taxes of $15,000,
In 2016, Were For Sale (WFS) had gross profit of $1 million, operating profit of $100,000, depreciation and amortization of $250,000, paid taxes of $15,000, had interest expense of $50,000, and COGS of $800,000. What is WFSs EBITDA for the year?
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Management Accounting Text Problems And Cases
Authors: M Y Khan, P K Jain
6th Edition
125902668X, 978-1259026683
