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The following information is available for three companies: Face value of bonds payable Interest rate Income tax rate Rope Co. $230,000 98 Chain Co. $678,000

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The following information is available for three companies: Face value of bonds payable Interest rate Income tax rate Rope Co. $230,000 98 Chain Co. $678,000 80 251 Line Co. $510,000 70 JON 400 Required a. Determine the annual before-tax interest cost for each company in dollars Before-Tax Interest Cost Rope Co Chain Co. Line Co. b. Determine the annual after-tax interest cost for each company in dollars. (Round your answers to the nearest dollar amount.) After Tax Interest Cost Rope Co Chain Co Line Co c. Determine the annual after-tax interest cost for each company as a percentage of the face value of the bonds. (Round your answers to 1 decimal place.) Afertas Interest Coat Rope Co. Chain Co Line Co

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