Talbot Enterprises recently reported an EBITDA of $6.5 million and net income of $1.95 million. It...
Talbot Enterprises recently reported an EBITDA of $6.5 million and net income of $1.95 million. It had $1.625 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar.
Homework Answers
| EBITDA | 6.5 million |
| Less:depreciation and amortization(balance)(6.5-4.875) million | 1,625,000 |
| EBIT(1.625+3.25) million | 4.875 million |
| Less:interest | 1.625 million |
| EBT(100%)(1.95/0.6) million | 3.25 million |
| Less:tax@40%(3.25*40%) million | 1.3 million |
| Net income(60%) | 1.95 million |
Add Answer to:
Talbot Enterprises recently reported an EBITDA of $6.5 million
and net income of $1.95 million. It...
Talbot Enterprises recently reported an EBITDA of $6.5 million and net income of $1.95 million. It...
Talbot Enterprises recently reported an EBITDA of $6.5 million and net income of $1.95 million. It had $2.08 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.
Income Statement Talbot Enterprises recently reported an EBITDA of $7.0 million and net income of $1.75...
Income Statement Talbot Enterprises recently reported an EBITDA of $7.0 million and net income of $1.75 million. It had $2.8 million of interest expense, and its corporate tax rate was 30%. What was its charge for depreciation and amortization? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar. WORKED AS EBITDA - D&A = EBIT EBIT - INTEREST = EBT EBT - TAX = NET...
Talbot Enterprises recently reported an EBITDA of $6.0 million and net income of $2.1 million. It...
Talbot Enterprises recently reported an EBITDA of $6.0 million and net income of $2.1 million. It had $1.5 million of interest expense, and its corporate tax rate was 30%. What was its charge for depreciation and amortization? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.
Patterson Brothers recently reported an EBITDA of $18.5 million and net income of $3.0 million. It...
Patterson Brothers recently reported an EBITDA of $18.5 million and net income of $3.0 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nearest dollar, if necessary. Do not round intermediate calculations.
Patterson Brothers recently reported an EBITDA of $15.5 million and net income of $4.65 million. It...
Patterson Brothers recently reported an EBITDA of $15.5 million and net income of $4.65 million. It had $1.5 million of interest expense, and its corporate tax rate was 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.
Wildhorse Corporation recently reported an EBITDA of $32.90 million and net income of $9.7 million. The...
Wildhorse Corporation recently reported an EBITDA of $32.90 million and net income of $9.7 million. The company had $6.8 million in interest expense, and it's average corporate tax rate was 35 percent. What was its depreciation and amortization expense? (Round answer to 2 decimal places and enter your answer in dollars, e.g. 9,700,000.25) Depreciation and amortization = $___
Ivanhoe Corporation recently reported an EBITDA of $31.90 million and net income of $9.7 million. The...
Ivanhoe Corporation recently reported an EBITDA of $31.90 million and net income of $9.7 million. The company had $6.8 million in interest expense, and it's average corporate tax rate was 35 percent. What was its depreciation and amortization expense? (Round answer to 2 decimal places and enter your answer in dollars, e.g. 9,700,000.25) Depreciation and amortization
Sheridan Corporation recently reported an EBITDA of $32.70 million and net income of $9.7 million. The...
Sheridan Corporation recently reported an EBITDA of $32.70 million and net income of $9.7 million. The company had $6.8 million in interest expense, and it's average corporate tax rate was 35 percent. What was its depreciation and amortization expense? (Round answer to 2 decimal places and enter your answer in dollars, e.g. 9,700,000.25) Depreciation and amortization $_____
Patterson Brothers recently reported an EBITDA of $4.5 million and net income of $0.9 million. It...
Patterson Brothers recently reported an EBITDA of $4.5 million and net income of $0.9 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
Molteni Motors Inc. recently reported $2.25 million of net income. Its EBIT was $7 million, and...
Molteni Motors Inc. recently reported $2.25 million of net income. Its EBIT was $7 million, and its tax rate was 40%. What was its interest expense? Round your answer to the nearest dollar. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.
Ivanhoe Corporation recently reported an EBITDA of $31.90 million and net income of $9.7 million. The company had $6.8 million in interest expense, and it's average corporate tax rate was 35 percent. What was its depreciation and amortization expense? (Round answer to 2 decimal places and enter your answer in dollars, e.g. 9,700,000.25) Depreciation and amortization
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