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Problem:

Talbot enterprises recently reported an EBITDA of $8 Million and net income of $2.4 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%.

Required:

Question: What was its charge for depreciation and amortization?

Note: Please provide full description.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91147786

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