will rate

byron books inc. recently reported $18 millionof net income. its EBIT was 34.3 million, and its tax rate was 25%. what was its interest expense? round the answer to the nearesr dollar. do not round intermediate calculations.

nos increcently reported 18 million of net income the EBIT WAS 1343, and tax rate was 25 What winterest expense? Wout the heading for an income statement, and then in the known values. Then divide 510 milion of net income by (L.) 0.75 to find the protax income. The difference betw IT and taxable income must be interest expense. Use this same procedure to complete similar problems) Write out your answer completely For example 25 mion should be entered 25,000,000. Round your answer to the nearest dollari necessary. Do not round Intermediate calculations