What was charge for depreciation and amortization

Assignment Help Financial Management
Reference no: EM13894199

Little Book Company recently reported an EBITDA of $5 million and net income of $1.2 million. It had $1 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?

Reference no: EM13894199

Questions Cloud

Values using the equations and then financial calculator : Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually.
Makes minimum monthly payment and makes other charges : Simon recently received a credit card with an 18% nominal interest rate. With the card, he purchased an Amazon Kindle for $350. The minimum payment on the card is only $10 per month. If Simon makes the minimum monthly payment and makes no other charg..
Find the present values of these ordinary annuities : Find the present values of these ordinary annuities. Discounting occurs once a year. a. $400 per year for 10 years at 10%.
What was charge for depreciation and amortization : Little Book Company recently reported an EBITDA of $5 million and net income of $1.2 million. It had $1 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
What is the MUC of dumping a half ton load of waste : A local landfill currently charges $100 per half ton load of waste to dump. The marginal costs to the landfill of operating the dump are about $60 per half ton load of waste. Assuming the landfill pricing is dynamically efficient, what is the MUC of ..
The extraction rate of iron ore when : What should happen to the extraction (usage) rate of iron ore when.  There are two general methods that governments use to sell mineral rights to the private sector. One is production royalties where the private firm promises to pay a certain amount ..
Two different market expansion strategies : In the United States, about two-thirds of Starbucks outlets are company owned; the remaining one-third are operated by licensees. Outside the United States, the proportions are reversed: about two-thirds are run by licensees or partnerships in which ..
Determine the equilibrium GDP for the open economy : The data in columns 1 and 2 in the table below are for a private closed economy. Instructions: For all parts, enter your answers as whole numbers. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbe..

Reviews

Write a Review

Financial Management Questions & Answers

  What is his geometric return over this period

Your grandfather invested $1,000 in a stock 31 years ago. Currently the value of his account is $319,000. What is his geometric return over this period?

  How old shall we be when we attain our goal

We want to become millionaires. Our 10th birthday is today, and our grandparents give us $15,000, which we invest at 5% interest rate. We shall pay for a 4 year bachelor’s from our pocket in 8 years at $30,000 per annum. In year 16, we take a vacatio..

  Debt is stock variable while deficit is flow variable

Which of the following is a conclusion of using the generational accounting measure? Both debt and deficit are flow variables. Debt is a stock variable while deficit is a flow variable. Debt is a flow variable while deficit is a stock variable. Debt ..

  Reward-to-risk ratios for stocks

Stock Y has a beta of 1.4 and an expected return of 15.2 percent. Stock Z has a beta of .7 and an expected return of 9.1 percent. If the risk-free rate is 5.4 percent and the market risk premium is 6.4 percent, the reward-to-risk ratios for stocks Y ..

  What is present value today of four years of college costs

You figure that the total cost of college will be $100,000 per year 18 years from today. If your discount rate is 8% compounded annually, what is the present value today of four (4) years of college costs starting 18 years from today?

  Value of the put options using-period option pricing model

A small store (called “Best Gift Ideas”) selling gift items is located in a Mall whose Anchor tenant is The Best Foods, a large grocery store, which does not sell any gift items. The Best Foods is a main board listed company and has options trading o..

  What is the probability that annual return on company stocks

The annual returns on AAA stocks are normally distributed with an average historical return of 17.3% and a standard deviation of 33.4%. What is the probability that annual return on small-company stocks is between 10% and 30%?

  Compounded quarterly to accumulate amount

Fred plans to go for vacation to India in ten years from now. He estimates that he will need $20984 for the trip. How much does he need to place in a savings account today that earns 6.24 percent per year compounded quarterly to accumulate this amoun..

  What is NAL for Wildcat-computer-assisted drilling system

The Wildcat Oil Company is trying to decide whether to lease or buy a new computer-assisted drilling system for its oil exploration business. Management has decided that it must use the system to stay competitive; What is the NAL for Wildcat? What is..

  About the interest rate parity

The annual, riskless, nominal interest rate in the United states is 5%. The spot rate between the yen (YPY) and the dollar (USD) is USD 0.009791 / JPY and the 180-day forward rate between the yen and the dollar is USD 0.009932 / JPY. What is the annu..

  Diversification is to build a portfolio of securities

The key to efficient diversification is to build a portfolio of securities that are:

  What is the profit or loss for the buyer of the option

A pound call option with a strike price of $1.57 per pound is priced (i.e. the option premium) at $0.03 per pound. the spot price is 1.56 per pound. what is the intrinsic value of the option? what is the breakeven spot exchange rate? what is the prof..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd