Question: solve both For questions 22 to 23, please read the following case: inwoo million and a corporate tax rate of 38%. d Pharmaceuticals has EBIT

solve both solve both For questions 22 to 23, please read the following case:

For questions 22 to 23, please read the following case: inwoo million and a corporate tax rate of 38%. d Pharmaceuticals has EBIT of $450 million in 2017. In addition, Linwood has interest expense of $100 22. What is Linwood's net income in 2017? A. $200 million B. $279 million C. $217 million D. $179 million E. $189 million 23. What is the amount of Linwood's interest tax shield in 2017? A. $100 million B. $171 million C. $64 million D. $38 million E. $28 million

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