Problempearson brothers recently reported an ebitda of 65, Ask an Expert

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Problem:

Pearson Brothers recently reported an EBITDA of $6.5 million and net income of $1.8 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%.

Required:

Question 1: What was its charge for depreciation and amortization?

Question 2: Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary.

Note: Please provide full description.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148114

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