1. A company had net operating profit after tax of $181,941, its tax rate is 35%, its depreciation and amortization expense was $68,332, and its interest expense was $43,889. What was the company’s earnings before interest, taxes, depreciation, and amortization?
A) $401,251 B) $371,319 C) $369,378 D) $348,241 E) $388,772
2. Traditionally, those economic entities with a deficit of assets which raise funds through the financial system are:
Individuals and households
the government and households
banks and individuals
Businesses and the government
financial markets and households