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Number One Retail, Inc. has a gross profit of $55 million

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June 7th, 2024

Number One Retail, Inc. has a gross profit of $55 million, operating expenses of $22 million (which includes $6 million in depreciation and amortization), and interest expenses of $8 million. Its corporate tax rate is 35 percent. Calculate the firm’s earnings before interest, taxes, depreciation, and amortization (EBITDA).

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