What is the interest tax shield how do you interpret this


Incite Co. has a 38 percent tax rate. Its total interest payment for the year just ended was $13.8 million. What is the interest tax shield? How do you interpret this amount?

Solution Preview :

Prepared by a verified Expert
C/C++ Programming: What is the interest tax shield how do you interpret this
Reference No:- TGS02658835

Now Priced at $10 (50% Discount)

Recommended (93%)

Rated (4.5/5)