Jensen's Boats has sales of $416,800,cost of goods sold of $234,600,depreciation of $41,200,and selling and general costs of $37,900.The firm has a loan balance of $92,400 with an interest rate of 6.7 percent.What is the value of EBITDA?
A) $103,100
B) $121,600
C) $144,300
D) $185,500
E) $162,900
Correct Answer:
Verified
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