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32 Nachos, Inc. paid $18,268.20 in interest expense on its long-term debt. If Nachos' average tax rate is 39%, what was the tax savings on
32 Nachos, Inc. paid $18,268.20 in interest expense on its long-term debt. If Nachos' average tax rate is 39%, what was the "tax savings" on this interest expense? (Round your answer to the nearest dollar.) O $7,125 $9,450 $10,720 1 pts O $4,890
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Global Banking
Authors: Roy C Smith, Ingo Walter, Gayle DeLong
3rd Edition
0195335937, 9780195335934
