Question: By increasing its interest expense by $ 2 , 5 0 0 last year, Bishara Foods was able to reduce its taxes by $ 5

By increasing its interest expense by $2,500 last year, Bishara Foods was able to reduce its taxes by $525. This $525 amount is called the:
0:31:33
Multiple Choice
tax-loss interest.
homemade leverage shield.
interest credit.
rurrent tax vield
Me
Graw
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By increasing its interest expense by $ 2 , 5 0 0

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