Question

Luther Corporation Consolidated Income Statement Year ended December 31 (in Smillions) 2006 610.1 (500.2) 109.9 2005 555.9 (3
15 OT 20 124.0) (3.6) 41.2 (20.0) (3.1) 145.8 nesuai dnu uverilen Depreciation and amortization Operating income Other income
20 LUMILI (15.5) Interest income (expense) Pretax income Taxes Net Income (25.1) 16.1 (5.5) 10 6 1303 (45.605) 84 695 Price p
0 0
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Answer #1

Luther's Earnings before interest, taxes, Depreciation & Amortization (EBITDA) for year ending Dec 31, 2015:

The correct option is

  • D. $148.90 million.

Explanation:

From the given income statement, for the year 2015

EBIT = $145.8 million

Depreciation & Amortization = $3.1 million

That implies,

EBITDA

= EBIT + Depreciation & Amortization

= $145.8 million + $3.1 million

= $148.90 million

______×_______

Kindly upvote, All the best,

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