CMA (IMA) Practice Test 7

10 free CMA (IMA) practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

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Question 1 of 10

Financial Statement Analysis

A lender is screening Fallbrook Media Group, which reported revenue of $12,000,000 and net income of $960,000. Income tax expense was $320,000 (25% rate), interest expense was $220,000, depreciation was $480,000 and amortization of intangibles was $120,000. The company's EBITDA margin is