Use the Table for the Question(s)below

question 117

Multiple Choice

Use the table for the question(s) below.

-Refer to the income statement above.Luther's earnings before interest,taxes,depreciation,and amortization (EBITDA) for the year ending December 31,2015 is closest to:

• A)$10.6 million
• B)$19.7 million
• C)$37.6 million
• D)$41.2 million
• E)$44.8 million

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Definitions:

Complex Fraction

A complex fraction is a fraction in which the numerator, the denominator, or both contain fractions themselves.

Simplify

The process of altering an expression to make it easier to work with, often by combining like terms or using mathematical properties.

Division

A mathematical operation represented by the symbol ÷ or /, involving the process of dividing one number by another.