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Pharma Pharmaceuticals had EBIT of $442 million in 2021. In addition, Pharma had interest expenses of $77 million and a corporate tax rate of 15%.
Pharma Pharmaceuticals had EBIT of $442 million in 2021. In addition, Pharma had interest expenses of $77 million and a corporate tax rate of 15%. a. What is Pharma's 2021 net income? A. none of the other choices is correct O B. $365 million O C. $310.25 OD. $78 million If Pharma had no interest expenses, what would have been its 2021 net income approximately? A. $110.5million O B. $66.3 million OC. none of the other choice is correct OD. $375.7 million What is the amount of Pharma's interest tax shield in 2021? O A. none of the other choice is correct O B. $110.5 million OC. $11.55 million OD. $66.3 million
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