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What was its charge for depreciation and amortization

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Problem 1: Patterson Brothers recently reported an EBITDA of $10.5 million and net income of $4.2 million. It had $1.5 million of interest expense, and its corporate tax rate  as 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: EM132474360

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