Answer:
Depreciation and amortization = $10,500,000
Explanation:
EBT = Net Income / (1 - Tax rate)
EBT = 2,600,000 / (1 - 0.35)
EBT = $4,000,000
EBIT = EBT + Interest
EBIT = $4,000,000 + $2,000,000
EBIT = $6,000,000
EBIT = EBITDA - Depreciation and amortization
$16,500,000 = $6,000,000 - Depreciation and amortization
Depreciation and amortization = $16,500,000 - $6,000,000
Depreciation and amortization = $10,500,000
Answer:
Option D.
Explanation:
Fiat money refers to currency that is issued by the government and which is not backed by any physical commodity, such as gold or silver, but rather by the government that issued it.
The value of fiat money is gotten from the relationship that exists between supply and demand and the stability of the issuing government. The value is not based on the worth of a commodity backing it as is the case for commodity money.
Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies. One risk that fiat money faces is the printing of too many of a particular currency, which can contribute to hyperinflation.
<u>the accomplishment of one's goals and hard work .</u>
Answer:
The correct answer is GDP would definitely increase because GDP excludes leisure.
Explanation:
The GDP does not measure the level of development of a country, nor does it measure the quality or level of its educational system or its health. Come on, that the quality of life in general is not measurable by GDP, although it is true that countries with a higher GDP per capita can afford better health or education services, as well as better infrastructure and services in general.
It does not measure the state of the environment or the damage caused to it or natural resources by the economic activity carried out. In other words, GDP does not report externalities, that is, it does not reflect the total social benefits and costs derived from economic activity.
GDP does not measure the quality of the goods and services produced. The GDP figures are only numbers that do not take into account exactly what is being produced or what is the quality of what is produced. This prevents, for example, comparing production between different eras. Does a computer add up to GDP now than in the 80s? The answer is no. Does a country of services add up to an oil exporter? The answer is also no.
It ignores the value of elements that contribute to maintaining the level of well-being of the population, such as leisure or freedom. In freer countries or in which its inhabitants have more leisure time and better options in which to invest it, well-being is much greater.
