Charge for depreciation and amortization

Assignment Help Finance Basics
Reference no: EM132785359

Patterson Brothers recently reported an EBITDA of $16.5 million and net income of $2.475 million. It had $1.5 million of interest expense, and its corporate tax rate was 25%. What was its charge for depreciation and amortization? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest dollar, if necessary.

Reference no: EM132785359

Questions Cloud

Describe the historical event that you selected : Describe the historical eventthat you selected. Why is this event significant? Describe at least two secondary sourcesthat you could use to research.
The excess of expenses over revenue is called- true or false : Liquidity refers to the availability of cash in the near future after taking account of the financial commitments over this period- True or false
What is the amount of total liability : What is the amount of your total liability for this transaction as initially shown on your account balance sheet?
Why african american history taught in american schools : Your final forum is to prepare a letter to the editor of your local newspaper that would explain to all of America why African American History should be taught
Charge for depreciation and amortization : Patterson Brothers recently reported an EBITDA of $16.5 million and net income of $2.475 million.
The worksheet is type of accountant working - true or false : The balances of the Accumulated Depreciation accounts will appear on the credit side of the worksheet's Balance Sheet columns.- True or false
Stock expected total return for coming year : What is the stock's expected total return for the coming year?
Identify the style of the work of art : Assume you have been given the ability to travel back in time, and you are about to set off on a trip to the nineteenth and twentieth centuries.
What is masterson mva : How much value has Masterson's management added to stockholder wealth over the years, that is, what is Masterson's MVA?

Reviews

Write a Review

Finance Basics Questions & Answers

  How large will your retirement account be

Calculating Annuity Future Values. You are to make monthly deposits of $500 into a retirement account that pays an APR of 9.8 percent compounded monthly.

  Lisa can purchase bonds with 15 years until maturity

Lisa can purchase bonds with 15 years until maturity, a par value of $1,000, and a 9 percent annualized coupon rate for $1,100. Lisa's yield to maturity is ___ percent?

  Briefly evaluate its international corporate-level strategy

For the corporation that operates internationally, briefly evaluate its international business-level strategy and international corporate-level strategy and make recommendations for improvement

  Will the bonds sell at a discount or premium

After your discussions, Jane decides to obtain additional funding through the issuance of $10,000,000 in bonds with a annual coupon (stated or contractual

  How many days of collection float does gale supply have

Based on your findings in part (c), should Gale install the EIPP system if its annual cost is $85,000? Explain your recommendation

  Analysis of potential legal liability

Explain in detail and support your conclusion with analysis of potential legal liability, suggested revisions, and explanation of possible consequences.

  Estimate the npv of the project

a) Estimate the NPV of the project. Show your work. b) What is the additions to NWC during year 1 of the project?

  Estimate the enterprise and equity value using dcf analysis

Estimate the Enterprise and Equity Value using DCF analysis. Use the key value driver formula for the calculation of continuing value (terminal value).

  What effect will a two-for-one stock split have

What effect will a two-for-one stock split have on the following items found on a firm's financial statements?

  Should crane replace or renovate the existing line

Should Crane replace or renovate the existing line? Replace or Renovate?

  Several stock valuation models

Several stock valuation models were described in the chapter, including zero-growth, constant growth, variable growth, free cash flow, book value, and P/E multiple models.

  What is your expected utility

To work this problem, you'll need a calculator that can take logarithms or a spreadsheet pro: gram. Suppose that your utility function is U = In(41).

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd