What was its charge for depreciation and amortization

Assignment Help Accounting Basics
Reference no: EM132897808

Problem - Income Statement - Talbot Enterprises recently reported an EBITDA of $8 million and net income of $2.4 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?

Reference no: EM132897808

Questions Cloud

What is the average tax rate based on taxable income : The Talley Corporation had taxable operating income of $365,000. What is the average tax rate based on taxable income
Discusses digital activism : Discusses digital activism, which uses hashtags and posts to raise awareness and foster discussion about specific issues and causes via social media.
Going global was effort to follow clients and customers : Historically most common reason for 'going' global was an effort to follow clients and customers as the world economy developed in the 18th and 19th centuries
How much in dividends did the firm pay : The previous retained earnings were $855 million. How much in dividends did the firm pay to shareholders during the year
What was its charge for depreciation and amortization : It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization
Explain what went right during the redesign : If you have not yet been involved with a business process redesign, How the company could have done a better job minimizing the risk of failure.
What was its interest expense : Molteni Motors Inc. recently reported $6 million of net income. Its EBIT was $13 million, and its tax rate was 40%. What was its interest expense
Compare the security features that are in today modern day : Describe, compare, and contrast the security features that are in today's modern day operating systems. Remember modern operating systems
Think of in experience of manipulative pricing : What examples can you think of in your experience of manipulative pricing?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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