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Nicholas Health Systems recently reported an EBITDA of $36.0 million and net income of $23.7 million. It had $4.0 million of interest expense, and its
Nicholas Health Systems recently reported an EBITDA of $36.0 million and net income of $23.7 million. It had $4.0 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? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar.
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