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Medilab Pharmaceuticals had EB / T of $ 1 6 4 million in 2 0 1 6 . In addition, Medilab had interest expenses of

Medilab Pharmaceuticals had EB/T of $164 million in 2016. In addition, Medilab had interest expenses of $62 million and a corporate
tax rate of 40%.
a. What is Medilab's 2016 net profit?
b. What is the total of Medilab's 2016 net profit plus interest payments?
c. If Medilab had no interest expenses, what would its 2016 net profit have been? How does it compare to your answer in part b?
d. What is the amount of Medilab's interest tax shield in 2016?
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