What was charge for depreciation and amortization

Assignment Help Financial Management
Reference no: EM131012244

Pearson Brothers recently reported an EBITDA of $7.5mil and net income of $1.8million. It had $2.0 mil of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?

Reference no: EM131012244

Questions Cloud

Does entropy have a maximum minimum or both : Suppose you are making observations of a system which changes in time and which can be in one of three states. Does entropy have a maximum, minimum or both?
Hypothetical treasury securities : Consider the following five hypothetical Treasury securities. What is the implied 1.5 spot rate obtained using bootstrapping? Compare your answer is part (a) to the 1.5 year par rate and explain the difference.
Effective annual return on its consumer loans : Tai Credit Corp. wants to earn an effective annual return on its consumer loans of 15.8 percent per year. The bank uses daily compounding on its loans. What interest rate is the bank required by law to report to potential borrowers?
What do you think mcc should do : Read the Harvard Business Review Article - When Times Get Tough, What Happens to TQM? What do you think MCC should do
What was charge for depreciation and amortization : Pearson Brothers recently reported an EBITDA of $7.5mil and net income of $1.8million. It had $2.0 mil of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
Correspond to a wide frequency distribution : Which of the following correspond to a wide frequency distribution?
What was the purpose of the introductory ideas : Do you think the introduction to Wilkinson's profile was effective or not and why? Write down your answers in a well developed paragraph of 8-10 sentences.
What governs the capacity of the beam : Use the civil engineering method(tension concrete not used) to determine the maximum moment capacity in the beam. What fails or yields first? Do a quick "back of the envelope" calculation to estimate the shear capacity of the beam.
Investment account for purpose of buying equipment four year : One year ago, the Jenkins Family Fun Center deposited $4,000 in an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $5,800 to this account. They plan on making a final deposit of $8,000 ..

Reviews

Write a Review

Financial Management Questions & Answers

  Compute their itemized deduction for medical expenses

Mr. and Mrs. Moss, ages 70 and 64, have major medical and dental insurance provided by Mrs. Moss's employer. This year, they incurred the following unreimbursed expenses: Routine office visits to doctors and dentists ...$940 Emergency room visits...4..

  Assume that your required rate of return-stream of cash flow

Assume that your required rate of return is 12% and you are given the following stream of cash flows

  What is the effective rate on the bank loan

Neveready Flashlights Inc. needs $351,000 to take a cash discount of 3/18, net 75. A banker will loan the money for 57 days at an interest cost of $12,200. What is the effective rate on the bank loan? What would be the effective interest rate in part..

  Contrast a prepaid account and a deferred account

For this discussion, assume the role of a financial manager in a company, and assume that you have just hired a new bookkeeper to join your team. Define the matching principle and why it is critical in the preparation of the accrual-based financial s..

  Required rate of return on projects of this risk class

Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 13 percent, and that the maximum allowable payback and discounted payback statistic for the pr..

  What is the ex-rights price per share

TUV Guy Inc. is proposing a rights offering. There are currently 240,000 shares outstanding at $80 each. There will be 60,000 new shares offered at $60 each. What is the new market value of the company? How many rights are associated with one of the ..

  Questionthree months after having completed the supply and

questionthree months after having completed the supply and commissioning of capital equipment to approval of a public

  Risk associated with an individual security

According to the Capital Asset Pricing Model (CAPM), what determines the amount of reward an investor receives for bearing the risk associated with an individual security?

  Requires an initial investment in net working capital

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.76 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be w..

  Better off paying earning in dividends rather than investing

Show that a firm with earnings of $10,000 a year in perpetuity would be better off paying all earnings in dividends rather than investing 25% of its earnings (also in perpetuity) in projects earning 14% if its discount rate is 15%

  What is karls recognized gain

LO.8, 10 Karl purchased his residence on January 2, 2014, for $260,000, after having lived in it during 2013 as a tenant under a lease with an option to buy clause. On August 1, 2015, Karl sells the residence for $315,000. On June 13, 2015, Karl purc..

  What is the current bond price-pv method

Sqeekers Co. issued 14-year bonds a year ago at a coupon rate of 7.4 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 5.7 percent, what is the current bond price? I need to also figure out how t..

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