Use the Tables for the Question(s)below

question 71

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 = $5 000, Interest on Debt = $8 000, and a tax rate of 30%.

• A)$2 500
• B)$2 700
• C)$2 100
• D)$2 200