A company has $150MM of EBITDA, $50MM of net income and a 40% tax rate. Assuming the company reports a one-time pre-tax restructuring charge of $20MM what are Adjusted EBITDA and Adjusted Net Income respectively?
A) $150MM, $62MM
B) $170MM, $70MM
C) $170MM, $62MM
D) $130MM, $38MM
Answer: C