Trevi Corporation recently reported an EBITDA of $32,200 and $9,700 of net income

Trevi Corporation recently reported an EBITDA of $32,200 and $9,700 of net income. The company has $6,900 interest expense, and the corporate tax rate is 35 percent. What was the company’s depreciation and amortization expense?

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Question 7 (1 point)
If Cleveland Motors Had an EBIT of $22,840,600, Interest of $7,344,300 and is taxed at an average rate of 32% what is their Net Income?

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Question 8 (1 point)
Using the information below — what was Bala Industries’ Cash Flow from Financing for the year ending 6/30/2011?

Increase in inventories $29

Purchased treasury stock $18

Purchased property & equipment $21

Net Income $339

Decrease in accrued income taxes $41

Depreciation & amortization $114

Decrease in accounts payable $16

Increase in accounts receivable $31

Increase in Long-term debt $101

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Question 10 (1 point)
Delta Ray Brands Corp. just completed their latest fiscal year. The firm had sales of $16,399,900. Depreciation and amortization was $808,100, interest expense for the year was $821,200, and selling general and administrative expenses totaled $1,593,400 for the year, and cost of goods sold was $9,004,000 for the year. Assuming a federal income tax rate of 34%, what was the Delta Ray Brands net income after-tax?

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