Smith corporation reported net income of200 000 for 2008, Financial Management

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Smith corporation reported net income of200 000 for 2008

Smith Corporation reported net income of$200, 000 for 2008. Its EBITDA amounted to 000 and interest expense was $100, 000.

Smith's corporate income tax rate was 30%. Calculate the amount of depreciation expense that was reported in its income statement.

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Financial Management: Smith corporation reported net income of200 000 for 2008

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