Patterson brothers recently reported an ebitda of $7.5 million and net income of $3 million. it had $1.5 million of interest expense, and its corporate tax rate was 25%. what was its charge for depreciation and amortization? write out your answer completely. for example, 25 million should be entered as 25,000,000. do not round intermediate calculations. round your answer to the nearest dollar, if necessary.

$2,000,000

Explanation:

EBT = Net income ÷ (1 - Tax rate)

       = $3,000,000 ÷ (1 - 0.25)

       = $4,000,000

EBIT = EBT + Interest

        =  $4,000,000 + $1,500,000

        = $5,500,000

EBIT = EBITDA - Depreciation and amortization

Depreciation and amortization = EBITDA - EBIT

                                                     = $7,500,000 - $5,500,000

                                                     = $2,000,000

support your answer using the data presented. (5 points). 4. based on the information you used to schedule and curve, which product would you recommend the shoe hut focus on, and why? provide details that support your answer. (5 points).

be mindful of your own reaction,use positive self-talk,   and debrief.