Frostburg Freeze recently reported $11 85 million of addition to retained earnings Its dividends were $3 95 million and its EBIT was $26 million At tax rate of 21 , what was its interest expense Frostburg Freeze recently reported $11 85 million of addition to retained earnings Its dividends were $...

Answer I The Interest Expense is 6000000 You need to do a squ ...

Frostburg Freeze recently reported $11.85 million of addition to retained earnings. Its dividends were $3.95 million...

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Fundamentals of Financial Management

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Frostburg Freeze recently reported $11.85 million of addition to retained earnings. Its dividends were $3.95 million...

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