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Interest Expense Assignment | Homework For You

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May 25th, 2020

Income statement: Fraser Corporation has announced that its net income for the year ended June 30, 2017, was 1,375,236. The company had EBITDA of 5,058,700, and its depreciation and amortization expense was equal to 1,118,499. The company’s average tax rate is 21 percent. What was its interest expense? Round to the nearest whole number.Get Finance homework help todayHomework For You

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