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Calculate AstroTurf EBITDA

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Reference no: EM132589011

Question - AstroTurf Company's income statement below to answer the following questions.

Operating costs (excl. depreciations & amortization): $4.5m

Depreciation and amortization: $1.5m

Interest: $0.7m

Net Income: $2.8m

Tax Rate: 35%

Required - Calculate AstroTurf's EBITDA with steps and explanations with 2 formulas of EBITDA?

Reference no: EM132589011

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