Use the table for the question(s) below.
Consider the following income statement and other information:

-Luther's earnings before interest,taxes,depreciation,and amortization (EBITDA)for the year ending December 31,2006 are closest to:
A) $19.7 million
B) $37.6 million
C) $41.2 million
D) $44.8 million

Question

Use the table for the question(s) below.
Consider the following income statement and other information:
 
-Luther's earnings before interest,taxes,depreciation,and amortization (EBITDA)for the year ending December 31,2006 are closest to:
A) $19.7 million 
B) $37.6 million 
C) $41.2 million 
D) $44.8 million

Quizplus · Accepted Answer

D) EBITDA = EBIT + Depreciation & Amortization = 41.2 + 3.6 = $ 44.8 million

Use the Table for the Question(s) Below