Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. ejada enterprises reported ebitda of $7,300,125 an

ejada Enterprises reported EBITDA of $7,300,125 and net income of $3,328,950 for the fiscal year...

80.2K

Verified Solution

Question

Finance

ejada Enterprises reported EBITDA of $7,300,125 and net income of $3,328,950 for the fiscal year ended December 31, 2013. During the same period, the company had $1,155,378 in interest expense, $1,023,285 in depreciation and amortization expense, and an average corporate tax rate of 35 percent. What was the cash flow to investors from operating activity during 2013?

Cash flow from operating activity $

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Pose a situation (only one) problematic of real life, where you need mechanical physics to solve...

Physics
Q

For this Assignment, consider that your patient has come to you with concerns of a family...

Medical Sciences
Q

Which artery gives rise to arterial branches that supply most of the abdominopelvic organs?

Medical Sciences
Q

Think of someone you have come to know well over the past few month or years....

Psychology
Q

Maximizing Profit The total daily revenue (in dollars) that a publishing company realizes in publishing and selling...

Advance Math
Q

DR C H 5 0 m b 9m d e H 5 0 m 7...

Physics
Q

The table shows the lengths of cables needed to connect computers to create a network...

Geometry
Q

To record the cash payment of payroll for the month, which of the following is...

Accounting
Q

Lev Corp issued $200 in principal of 4-year bonds with a 2.0% stated interest rate...

Accounting
Q

When using the allowance? method, Allowance for Bad Debts is debited when an account receivable...

Accounting
Q

The assets of a company total $728,000; the liabilities, $214,000. What is the amount of...

Accounting
Q

Fly-By-Night Couriers is analyzing the possible acquisition of Flash-in-the-Pan Restaurants. Neither firm has debt. The...

Finance