Wildhorse Corporation reported EBITDA of $7,299,900 and net income of $3,789,719.08 last year. The company...
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Wildhorse Corporation reported EBITDA of $7,299,900 and net income of $3,789,719.08 last year. The company also had $1,155,380 in interest expense, $1,023,278 in depreciation and amortization expense, and an average corporate tax rate of 26 percent. What was the firm's cash flow to investors from operating activity during the year? (Round answer to 2 decimal places, e.g. 5,275.25.)
Wildhorse Corporation reported EBITDA of $7,299,900 and net income of $3,789,719.08 last year. The company also had $1,155,380 in interest expense, $1,023,278 in depreciation and amortization expense, and an average corporate tax rate of 26 percent. What was the firm's cash flow to investors from operating activity during the year? (Round answer to 2 decimal places, e.g. 5,275.25.)
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