The company has 50 million interest expense and the


Cox Corporation recently reported an EBITDA of $16.4 million and $3.6 million of net income. The company has $5.0 million interest expense and the corporate tax rate is 40 percent. What was the company's cash flow?

A. $7.5 million

B. $8.4 million

C. $9.0 million

D. $11.4 million

E. $13.9 million

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Financial Management: The company has 50 million interest expense and the
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