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Pearson Brothers_Computation of Depreciation Amount

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

 

Paper#37245 | Written in 18-Jul-2015

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