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Aaron's Tea House Has a 32 Percent Tax Rate and an Interest

Question 30

Multiple Choice

Aaron's Tea House has a 32 percent tax rate and an interest tax shield valued at $6,728 for the year. How much did the firm pay in annual interest?

A) $2,153
B) $2,304
C) $2,468
D) $20,507
E) $21,025

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