Question
Pearson Brothers recently reported an EBITDA of $7 5 million and net income of $1 8 million. It had $2 0 million of interest expense,
Pearson Brothers recently reported an EBITDA of $7 5 million and net income of $1 8 million. It had $2 0 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470876442
