Question
Nicholas Health Systems recently reported an EBITDA of $40.0 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 $40.0 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?
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
