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Brick House Cafe has a tax rate of 34 percent and paid total taxes of $48,800. The company had an interest expense of $21,700. What
Brick House Cafe has a tax rate of 34 percent and paid total taxes of $48,800. The company had an interest expense of $21,700. What was the value of the interest tax shield? Multiple Choice $7,378 $16,592 O $8,049 $11,985 $17,256
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