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Amanda [17]
3 years ago
15

Cox Corporation recently reported an EBITDA of $66 million and $5 million of net income. The company has $15 million interest ex

pense and the corporate tax rate is 40.0% percent. What was the company's depreciation and amortization expense? (Answers are in $ millions.)
Business
1 answer:
Dmitrij [34]3 years ago
3 0

Answer:

$42.67 millions

Explanation:

The key to the answer is to find the tax. To do so, start from the net income (which is the result after tax). Divide this by 60% to get the earnings before tax and the apply the tax rate. You´ll get 3.3333... millions of tax. Once you have this just take the Ebitda of 66 mill and dedut the interest, tax, and net income and you´ll get the D & A.

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kolezko [41]

Answer:

in the settings

Explanation:

A QuickBooks payment service is a credit card processing option that is for the merchant accounts which includes the accounting software called QuickBook. It is managed by Intuit.

For instant deposit option in their QuickBooks payment account, a customer has to --

Select the Settings ⚙  button and then go to Account and settings. After that select the Payments tab and then go to the Deposit Speed section. From there select the Set a schedule for any instant deposits. Finally select the days for which you want instant deposits for.

6 0
3 years ago
A client has held a long position in BCD Common for several years and has seen a sizeable increase in price since initially buyi
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Answer:

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3 0
4 years ago
A manager oversees that employees complete jobs on time and follow policies.
Kitty [74]
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6 0
3 years ago
The CPI of a country in October is given to be 210. In November, the CPI rises to 220. What is the rate of inflation from Octobe
Aleks [24]

The rate of inflation is 4.8%.

Given that,

  • The CPI of a country in October is given to be 210. In November, the CPI rises to 220.

Based on the above information, the calculation is as follows:

= (220 - 210) ÷( 210)

= 4.8%

Learn more: brainly.com/question/17429689

5 0
2 years ago
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If your 60-year-old customer purchases a nonqualified variable annuity and withdraws some of her funds before the contract is an
Svetlanka [38]

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