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Casey Motors recently reported $975,000 of net income. Its EBIT was $1,825,000 and its tax rate was 40%. What was its interest expense? $252,000 $850,000

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Casey Motors recently reported $975,000 of net income. Its EBIT was $1,825,000 and its tax rate was 40%. What was its interest expense? $252,000 $850,000 $200,000 $120,000

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