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

    Solution Summary

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

    $2.19

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