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Income statement for Pearson Brothers

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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.

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Solution Summary

The expert examines the income statement for Pearson Brothers. The charge of depreciation and amortization are examined.

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ncome statement
Pearson brothers recently reported an EBITDA of $7.5 million and net income of $1.8 ...

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