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Calculate the firms earnings before interest

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Reference no: EM132491014

Number One Retail, Inc. has a gross profit of $55 million, operating expenses of $22 million (which includes $6 million in depreciation and amortization), and interest expenses of $8 million. Its corporate tax rate is 35 percent.

Question 1: Calculate the firm's earnings before interest, taxes, depreciation, and amortization (EBITDA).

Question 2:  Find out the 2019 Financial Statement of Home Depot from the internet search (ie: yahoo.finance.com - Home Depot - financials), and calculate the ratios presented below for Home Depot for 2011, indicating the numerator and denominator of each.

Reference no: EM132491014

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