Calculating charge for depreciation and amortization
Pearson Brothers recently reported an EBITDA of $7.5 million and net income of $1.8 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
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This culture follows the poor even when they move out of slums or barrios." Do you believe there is such a thing as a culture of poverty? Explain.
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