Question
Nicholas Health Systems recently reported an EBITDA of $25.0 million and net income of $15.8 million. It had $2.0 million of interest expense, and its
Nicholas Health Systems recently reported an EBITDA of $25.0 million and net income
of $15.8 million. It had $2.0 million of interest expense, and its federal tax rate was 21%
(ignore any possible state corporate taxes). What was its charge for depreciation and
amortization?
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
13th edition
1111971633, 978-1111971632
