Financial Management: Theory & Practice
Financial Management: Theory & Practice
16th Edition
ISBN: 9781337909730
Author: Brigham
Publisher: Cengage
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A firm has a net income of 4 million and interest
expense of 20 million. The tax rate is 20%. What
is the tax in millions?
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Transcribed Image Text:A firm has a net income of 4 million and interest expense of 20 million. The tax rate is 20%. What is the tax in millions?
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