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1. LSP Inc. reported the following financial facts at the year-end Dec 2018. pore Total Interest-Bearing Debt= $53,000; Sales - $15,000; Total Operating Cost $4.000.
1. LSP Inc. reported the following financial facts at the year-end Dec 2018. pore Total Interest-Bearing Debt= $53,000; Sales - $15,000; Total Operating Cost $4.000. If tax rate is 40% and interest rate is 6%, Find interest expense for the corresponding company. O $7000 O $2700 O $346 O $3180 None of the above
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Corporate Finance Investment And Advisory Applications
Authors: Jesse McDougall, Patrick Boyle
1st Edition
1530116597, 9781530116591
