3 Chapter 3 - A company has the following financial information. Sales = $13,500,000 Opex = $10,800,000 Return on Sales (ROS) = 8% Net Income / Sales Tax Rate = 25% What is the interest expense for this company? Note: A good way to approach this is to set up a blank Income Statement and fill in the blanks. Hint: Start at the top with sales, OPEX and EBIT. The next step is to calculate Net Income and then work your way up. $745,000 b. $1,260,000 $1,449,000 Ans. Interest a. C