A company had interest expense in 2022 of $6,880,000 and is in a 21% tax bracket. What

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A company had interest expense in 2022 of $6,880,000 and is in a 21% tax bracket. What is the after-tax cost of interest for this company?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jul 24, 2023 03:57 AM

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A company had interest expense in 2022 of $6,880,000 and is in a 21% tax bracket. What

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The aftertax cost of interest can be calculated using the formula Aftertax cost of inte... View the full answer

Income Tax Fundamentals 2013

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