Exhibit 10 -Refer to Exhibit 10

Multiple Choice

Exhibit 10.5
Use the Information Below for the Following Problem(S)
You are provided with the following information about Albermarle Corp.
$\begin{array}{c}\begin{array}{lll}\text{Income Statement Data}\\\text{Sales}\\\text{Operating Income}\\\text{Depreciation}\\\text{Interest Expense}\\\text{Pretax Income}\\\text{Income Taxes}\\\text{Net Income after tax}\\\\\text{Balance Sheet Data}\\\text{Fixed Assets}\\\text{Total Assets}\\\text{Working Capital}\\\text{Total Debt}\\\text{Equity}\\\end{array}\begin{array}{lll}&&\end{array}\begin{array}{r}\\542\\38\\3\\3\\32\\13\\19\\\\\\41\\245\\123\\16\\159\\\end{array}\end{array}$
-Refer to Exhibit 10.5.Calculate the interest expense rate.

A) 7%
B) 0.5%
C) 1.2%
D) 5%
E) 2.3%