Question 1
Trevi Corporation recently reported an EBITDA of $31,200 and
$9,700 of net income. The company has $6,600 interest expense, and
the corporate tax rate is 35 percent. What was the company’s
depreciation and amortization expense? Round to the nearest
cent.
Answer
Question 2
Working capital: Winston Electronics reported
the following information at its annual meetings. The company had
cash and marketable securities worth $1,236,268, accounts payables
worth $4,160,826, inventory of $7,121,886, accounts receivables of
$3,488,415, notes payable worth...