What was its depreciation and amortization expense

Assignment Help Finance Basics
Reference no: EM13263909

Sosa Corporation recently reported an EBITDA of $31.9 million and net income of $9.7 million. The company had $6.8 million in interest expense, and its corporate tax rate was 35 percent. What was its depreciation and amortization expense?

Reference no: EM13263909

Questions Cloud

Calculate the firms sales and roa : Grossman Enterprises has an equity multiplier of 2.31 times, total assets of $2,014,436, an ROE of 16.50 percent, and a total assets turnover of 2.41 times. Calculate the firm's sales and ROA.
What are ciscos net income : Cisco Systems has total assets of $4.439 billion, total debt of $2.667 billion, and net sales of $1.721 billion. Its net profit margin for the year is 20 percent, while the operating profit margin is 22 percent. What are Cisco's net income, EBIT R..
Calculate terminal voltage and developed torgue of motor : A six pole,60 Hz synchronous motor is connected to an infinit bus of 15 KV through a transmission line.The synchronous reactance of the motor is 5 ohm ,and the inductive reactive reactance of the transmission line is 2 ohm
What is the cash flow for nimitz rental : For the year ended March 31, 2011, the company had revenues of $953,757, general and administrative expenses of $313,753, depreciation expenses of $131,455, leasing expenses of $108,195, and interest expenses equal to $78,122. If the company's tax..
What was its depreciation and amortization expense : Sosa Corporation recently reported an EBITDA of $31.9 million and net income of $9.7 million. The company had $6.8 million in interest expense, and its corporate tax rate was 35 percent. What was its depreciation and amortization expense?
What pressure would be found at the boiling point of water : In a student experiment, a constant-volume gas thermometer is calibrated in dry ice (?78.5°C) and in boiling pentane (36.1°C). What pressure would be found at the boiling point of water
Write the equation which describes the current i for t : a) Calculate alpha, omega-sub-delta, and omega-sub-zero. b) write the equation which describes the current i for t>0. c) determine the maximum value of i, and the time at which it occurs, if the inductor initially stores no energy and v(0-)=9V.
Compute the cash flows to investors from operating activity : Assume that the firm has a tax rate of 35 percent. Compute the cash flows to investors from operating activity.
What is the effective interest rate : What is the fee the company must pay on the unused balance? What is the effective interest rate?

Reviews

Write a Review

Finance Basics Questions & Answers

  Business in unstable countries in world

What are some of the major political risks associated with investing in a foreign country? How does the threat of global terrorism effect foreign investment and the foreign-exchange market in the world today?

  Calculate the annual benefits

Assume a proposed new road to be created between two cities will lower the average cost per trip by car from $5 to $4. Currently, 500,000 trips are made between the two cities per year.

  What was the exchange rate after 20 percent devaluation

Evaluate why the value of the TRY was different from the 20% devaluation sought by the government.

  Computing earnings per share

Rockwell paper company had earnings after taxes of $580,000 in the year 2003 with 400,000 shares of stock outstanding. On January 1, 2004, the firm issued 35,000 new shares. Calculate earnings per share for year 2004.

  What was the annual rate of return on your investment

You purchased a piece of property for $30,000 nine years ago and sold it today for $83,190. What was the annual rate of return on your investment?

  Change in nominal required rate of return

Describe why you would change your nominal required rate of return if you expected the rate of inflation to go from zero to 4%.

  The three company legal structures

Do not define the work with the word. Do not give examples (points deducted for examples). Limit response to no more than 2 sentences.

  Calculate value of operations

EMC Company has never paid a dividend. EMC current free cash flow of $400,000 is expected to increase at a constant rate of 5 percent. The weighted average cost of capital is 12%.

  What is the companys cost of equity capital

Marie's CFO has calculated the company's WACC as 7.83%. What is the company's cost of equity capital? Round your answer to two decimal places.

  True or false questions

For a company to have its securities listed on an exchange, it must meet certain requirements. These usually include measures of profitability, size, market value, and public ownership.

  Calculate the arithmetic mean annual rate of return

During the last five years, you owned two stocks that had the following yearly rates of return, Calculate the arithmetic mean annual rate of return for every stock.

  Effective rate of discounted loan

What is the effective rate of interest if the loan is for 1 year and is paid off in one payment at the end of the year? What is the effective rate of interest if the loan is for 1 month?

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