Patterson Brothers recently reported an EBITDA of $10.5 million and net income of $3.15 million....
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Accounting
Patterson Brothers recently reported an EBITDA of $10.5 million and net income of $3.15 million. It had $1.5 million of interest expense, and its corporate tax rate was 25%. What was its charge for depreciation and amortization? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest dollar, if necessary.
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7. Problem 4.03 (DuPONT Analysis)
Henderson's Hardware has an ROA of 15%, a 6.5% profit margin, and an ROE of 19%.
What is its total assets turnover? Do not round intermediate calculations. Round your answer to two decimal places.
What is its equity multiplier? Do not round intermediate calculations. Round your answer to two decimal places.
8. Problem 4.04 (Market-Book and EV-EBITDA Ratios)
Edelman Engines has $19 billion in total assets of which cash and equivalents total $110 million. Its balance sheet shows $2.85 billion in current liabilities of which the notes payable balance totals $1.17 billion. The firm also has $10.45 billion in long-term debt and $5.7 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $30 per share. The firm's EBITDA totals $1.35 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places.
M/B:
EV/EBITDA:
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