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    Depreciation and amortization

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    Pearson Brothers recently reported an EBITDA of $8.0 million and net income of $2.8 million. It had $2.88 million of interest expense, and its corporate tax rate was 30%. What was its charge for depreciation and amortization?

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    What was its charge for depreciation and amortization?
    Pearson Brothers recently reported an EBITDA of $8.0 million and net income of ...

    Solution Summary

    The solution discusses depreciation and amortization.

    $2.49

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