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ACME Co. decreased its taxes last year by $210 by increasing its interest expense by $1,000. Which of the following terms describes this tax savings?
ACME Co. decreased its taxes last year by $210 by increasing its interest expense by $1,000. Which of the following terms describes this tax savings? A. Interest tax shield B. Interest credit C. Homemade leverage shield D. Current tax yield E.Tax-loss interest
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