Question
JCo had assets with a book value of $450 million, and an ROIC of 22%. The company's tax rate is 35% and the average annual
JCo had assets with a book value of $450 million, and an ROIC of 22%. The company's tax rate is 35% and the average annual depreciation is 3% of assets andnewCAPX and change in NWC should be 5% of total assets on average. Interest charges are expected to be approx $15 million.What is the firm's EBITDA?
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408093887
