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The LGH Corp. announced that, for the period ending March 31, 2011, it had earned income after taxes worth $2,768,028.25 on revenues of $13,144,680. The
The LGH Corp. announced that, for the period ending March 31, 2011, it had earned income after taxes worth $2,768,028.25 on revenues of $13,144,680. The companys costs (excluding depreciation and amortization) amounted to 61 percent of sales and it had interest expenses of $392,168. What is the firms depreciation and amortization expense if its tax rate was 34 percent?
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