The firm had no amortization charges what was the ebitda


Ziebart Corp.'s EBITDA last year was $470,000 ( = EBIT + depreciation + amortization), its interest charges were $6,500, it had to repay $30,000 of long-term debt, and it had to make a payment of $15,200 under a long-term lease. The firm had no amortization charges. What was the EBITDA coverage ratio?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: The firm had no amortization charges what was the ebitda
Reference No:- TGS0600212

Expected delivery within 24 Hours