Patterson brothers recently reported an ebitda of $7.5 million and a net income of $2.1 million. it had $2.0 million of interest expense and its corporate tax rate was 30%. what was its charge for depreciation and amorization?

This is a simple algebra equation:

Net Income = Earnings - ITDA (interest/taxes/depreciation & amortization)

so fill in what we know

7,5000,000 Earnings

2,100,000 Net Income

2,000,000 interest

(7,5000,000) * 30% Taxes

? for DA

so:

2,1000,000= 7,500,000 - 2,100,000-(7,500,000*.30) - X

You would then solve for X

2,100,000 = 3,150,000 - X

X= 1,050,000 Depreciation and Amortization

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answerthe united states of america;