Little Books Inc. recently reported $3 million of net income. Its EBIT was $6 million, and its
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Little Books Inc. recently reported $3 million of net income. Its EBIT was $6 million, and its tax rate was 40%. What was its interest expense?
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NI 3000000 EBIT 6000000 T 40 Interest Need to set ...View the full answer
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Related Book For
Fundamentals of Financial Management
ISBN: 978-0324664553
Concise 6th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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