Interest expense and corporate tax rate

Assignment Help Financial Accounting

Reference no: EM13907009

Talbot Enterprises recently reported an EBITDA of $7.0 million and net income of $2.45 million. It had $2.1 million of interest expense, and its corporate tax rate was 30%. What was its charge for depreciation and amortization? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.

Reference no: EM13907009

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