Question
Madison Metals recently reported $20,000 of sales, $6,000 COGS and $1,500 of depreciation and amortization charges. It had issued $4,000 of bonds of outstanding that
Madison Metals recently reported $20,000 of sales, $6,000 COGS and $1,500 of depreciation and amortization charges. It had issued $4,000 of bonds of outstanding that carry a 7% interest rate, what was the firms taxable income EBT?
A. 10,540 B. 12,220 C. 8,390 D. 11,540 E.9,860
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Handbook Of Asian Finance REITs Trading And Fund Performance
Authors: David Lee, Greg N. Gregoriou
1st Edition
0128009861, 978-0128009864
