1. Trevi Corporation recently reported an EBITDA of $32,800 and $9,500 of net income. The company has $6,800 interest expense, and the corporate tax rate is 35 percent. What was the company’s depreciation and amortization expense?
2. In today’s dollars, what is the amount equivalent to $25,000 in 1917? What do you base this on?
3. Meg's pension plan is an annuity with a guaranteed return of 7% per year (compounded quarterly). She would like to retire with a pension of $50,000 per quarter for 10 years. If she works 22 years before retiring, how much money must she and her employer deposit each quarter?