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Westover Mills reduced its taxes last year by $210 by increasing its interest expense by $1,000. Which one of the following terms is used to
Westover Mills reduced its taxes last year by $210 by increasing its interest expense by $1,000. Which one of the following terms is used to describe this tax savings? Select one: O A. Interest credit O B. Tax-loss interest O C. Interest tax shield O D. Homemade leverage shield O E. Current tax yield
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