Calculate EBITDA I calculated $6,750,000 but I also calculated 6,507,692 - which one is correct? Operating costs (excl. depreciations & amortization): $4.5m Depreciation and amortization: $1.5m Interest: $0.7m Net Income: $2.8m Tax Rate: 35%
Calculate EBITDA I calculated $6,750,000 but I also calculated 6,507,692 - which one is correct? Operating costs (excl. depreciations & amortization): $4.5m Depreciation and amortization: $1.5m Interest: $0.7m Net Income: $2.8m Tax Rate: 35%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Calculate EBITDA
I calculated $6,750,000 but I also calculated 6,507,692 - which one is correct?
Operating costs (excl.
Depreciation and amortization: $1.5m
Interest: $0.7m
Net Income: $2.8m
Tax Rate: 35%
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