Patterson Brothers recently reported an EBITDA of $6 million and net income of $1.5 million....
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Patterson Brothers recently reported an EBITDA of $6 million and net income of $1.5 million. It had $1.5 million of interest expense, and its corporate tax rate was 25%. What was its charge for depreciation and amortization? a. $1.5 million b. $2 million c. $2.5 million d. $3 million e. $3.5 million
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