Use the Tables for the Question(s)below

question 41

Multiple Choice

Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2013-2018
Pro Forma Assets & Liabilities for Ideko, 2013-2018

-Compute the after-tax interest expense for a firm with Interest earned from Excess Cash = $2 000, Interest on Debt = $7 000, and a tax rate of 30%.

• A)$3 100
• B)$2 800
• C)$3 500
• D)$2 500

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