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what is the interest rate Please don't use symbols such as commas and the dollar sign ($)when you write your answers ( ) Use XYZ

what is the interest rate
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Please don't use symbols such as commas and the dollar sign ($)when you write your answers ( ) Use XYZ financial information to answer the questions below: XYZ company Income statement for the year ended Dec 31, 2020 Sales Cost of Goods Sold $250000 Gross Profit $150000 Operating Expenses $70000 Operating Profit Interest Expense Earnings before tax Tax expense ( 40% tax rate) Net Income $36000

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