Current Attempt in Progress Ivanhoe Corporation reported EBITDA of $7,300,325 and net income of $3,328,700 for the fiscal year ended December 31, 2017. During the same period, the company had $1,155,372 in interest expense, $1,023,294 in depreciation and amortization expense, and an average corporate tax rate of 35 percent. What was the cash flow to investors from operating activity during 2017? (Round answer to O decimal places, eg. 5,275.) Cash flow from operating activity %24
Current Attempt in Progress Ivanhoe Corporation reported EBITDA of $7,300,325 and net income of $3,328,700 for the fiscal year ended December 31, 2017. During the same period, the company had $1,155,372 in interest expense, $1,023,294 in depreciation and amortization expense, and an average corporate tax rate of 35 percent. What was the cash flow to investors from operating activity during 2017? (Round answer to O decimal places, eg. 5,275.) Cash flow from operating activity %24
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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