Question: SaveExit Submit Assignment for Gra i Question 7 of Check My Wa roblem 2-03 eBook Problem 2-3 Income statement Molteni Motors Inc. recently reported $3.2S
SaveExit Submit Assignment for Gra i Question 7 of Check My Wa roblem 2-03 eBook Problem 2-3 Income statement Molteni Motors Inc. recently reported $3.2S million of net income. Its EBIT was SS 25 million, and its tax rate was 35% what was its interest expense, Mnt: write out the headings for an income statement and then fill in the known values. Then divide $3.25 million net income by 1-T- 0.65 to find the pre-tax income. The difference between EE and taxable income must be the interest expense.) Round your answer to the nearest dollar. Enter your answer in dollars. For example, an answer of $1.2 million shoulid be entered as 1,200,000
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