What was it''s charge for depreciation and amortization

Assignment Help Financial Management
Reference no: EM131022967

An enterprise recently reported an EBITDA of 8million and net income of 2.4 million, it had 2.0 million of interest expense, and corporate tax rate was 40%. What was it's charge for depreciation and amortization?

Reference no: EM131022967

Questions Cloud

Why this is an issue or topic worth researching : At the end of this section the Research Question or Research Hypothesis should be formally stated.
Find the initial equilibrium level of investment : Given the above information, find the initial equilibrium level of investment and the initial equilibrium interest rate. Show your work in order to get full credit
What actions can the government take to bring real gdp : Use the graph to answer the following questions. If the government takes no policy actions, what will be the values of real GDP and the price level in 2017? What actions can the government take to bring real GDP to its potential level in 2017?
Arguments for differential reporting convincing : Are the arguments for differential reporting convincing? Should differentiation be made on the basis of company size or using some other characteristic?
What was it''s charge for depreciation and amortization : An enterprise recently reported an EBITDA of 8million and net income of 2.4 million, it had 2.0 million of interest expense, and corporate tax rate was 40%. What was it's charge for depreciation and amortization?
Well off financially as with the annuity : Sam was injured in an accident, and the insurance company has offered him the choice of $35,300 per year for 39 years, with the first payment being made today, or a lump sum. If a fair return is 8.85%, how large must the lump sum be to leave him as w..
Write the history of interpretation on bible verse : Write The History of Interpretation on bible verse. Three sources from course sources/readings and at least one outside source. See information as follows.
Examples of accounting topics : Using information from this chapter and earlier give examples of accounting topics on which there are major differences between two national accounting systems or between a national system and IFRS.
What does the article mean by real time : An article in the Economist states that the value of potential GDP "is almost impossible to pin down in real time since the economy's equilibrium long-run stock of capital and labour are so difficult to estimate with precision. . . ." What does th..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the future value of your windfall in three years

You have just received a windfall from an investment made in a friend's business. He will be paying you $10,000 at the end of this year, $20,000 at the end of the following year, and $30,000 at the end of the year after that (three years from today)...

  Make three recommendations to increase the profitability

Southwestern Bank reports that just 20 percent of its customers were profitable. Assuming that this applies to individuals'account relationships, make three recommendations to increase the profitability of these accounts.

  Shares outstanding-what was book debt-to-value ratio

In 2013 Caterpillar Inc. had about 652 million shares outstanding. Their book value was $31 per share, and the market price was $85.50 per share. The company’s balance sheet shows that the company had $21.7 billion of long-term debt, which was curren..

  Inventory accounts for a manufacturer

Which of the following are inventory accounts for a manufacturer?

  Annual rate of return on a bond with annual coupon rate

What is the yield to maturity on a $1,000 face value discount bond maturing in two years that sells for $800 today? What is the annual rate of return on a bond with an annual coupon rate of 10 percent, a face value of $100,000, and its price rises fr..

  Best estimate of teh remaining life left for eades corp

Eades has 9% annual coupon bonds that are callable and have 18years left until maturity. The bonds have a par value of $1,000, and their current market price is $1,220.35. However, Eades may call the bonds in eight years at a call price of $1,060. Wh..

  Used quarterly compounding rather than annual compounding

Suppose you deposit $1000 into a savings account that pays 8 percent. If the bank compounds interest annually, how much will you have in your account in 4 years? What would your balance be in 4 years if the bank used quarterly compounding rather than..

  What is cash flow to stockholders and operating cash flow

Volbeat Corp. shows the following information on its 2015 income statement: sales = $403,000; costs = $305,000; other expenses = $7,900; depreciation expense = $18,200;  What is the 2015 operating cash flow?  What is the 2015 cash flow to stockholder..

  Show how to calculate the present value of this project

The Newport Beach Sanitary Agency is presently shipping its waste to another municipality at an annual cost of $100,000. It is considering building a landfill near the city. Show how to calculate the present value of this project. Explain why the IRR..

  What should be the price of portage bay stock

Portage Bay Enterprise has $2 million in excess cash, no debt, and is expected to have free cash flow of $12 million next year. Its FCF is then expected to grow at a rate of 3% per year forever. If Portage Bay's equity cost of capital is 10% and it h..

  Spot rates-what is the discount rate

Suppose the spot rates for 1 and 2 years are s1=6.3% and s2=6.9% with annual compounding. Recall that in this course interest rates are always quoted on an annual basis unless otherwise specified. What is the discount rate d(0,2)?

  What is net annual benefit for investment in new lighting

A school has an old lighting system that costs on average SAR 20,000 a year for lighting the building. The old lighting system has zero salvage value at the end of its life. what is the net annual benefit for this investment in new lighting?

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