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Complete the Income Statement.
What was the company’s interest expense for the year?
Milos To Go, Inc.
Income Statement 2008
EBIT 20 Interest Expense ?? EBT ? Taxes (35%) ? Net Income 10
a) $5.714 million. b) $15.50 million c) $10.00 million d) $11.25 million e) $4.615 million.
Solution
answer is e)$4.615 million

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