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Fraser Corporation has announced that its net income for the year ended June 30, 2017, was 1,345,610. The company had EBITDA of 4,939,734, and its
Fraser Corporation has announced that its net income for the year ended June 30, 2017, was 1,345,610. The company had EBITDA of 4,939,734, and its depreciation and amortization expense was equal to 1,256,753. The companys average tax rate is 21 percent. What was its interest expense?
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