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11) For the year 2020 Bull Dog Inc. had Earnings Before Interest and Tax of $8,800,000. Bull Dog has had loans outstanding during 2020 in

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11) For the year 2020 Bull Dog Inc. had Earnings Before Interest and Tax of $8,800,000. Bull Dog has had loans outstanding during 2020 in the amount of $7,500,000. The loans carry an interest rate of 6.5%. Bull Dog's tax rate for 2020 is 21%. a) What was Bulldog's Net Income for 2020? b) What would Bulldog's Net Income for 2020 have been if they had no debt? c) What, if any, was Bulldog's interest tax savings for the year 2020

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