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Fraser Corporation has announced that its net income for the year ended June 30, 2013, was...

Fraser Corporation has announced that its net income for the year ended June 30, 2013, was $1,353,412. The company had EBITDA of $4,967,000, and its depreciation and amortization expense was equal to $1,124,000. The company's tax rate is 34 percent. What was its interest expense?

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The interest expense is $1792375.76

The calculation of which is shown in the image uploaded

jeff jeffy answered 2 years ago
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