Amount of interest expense reported by benson corporation

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Reference no: EM13947069

Benson Corporation announced that its net income for the year ended June 30, 2015 is $1,400,000. The company also reported EBITDA of $5,000,000, and depreciation and amortization expense of $1,250,000. If the company's income tax rate is 50 percent, what is the amount of interest expense reported by Benson Corporation? Schedule

Reference no: EM13947069

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Amount of interest expense reported by benson corporation : Benson Corporation announced that its net income for the year ended June 30, 2015 is $1,400,000. The company also reported EBITDA of $5,000,000, and depreciation and amortization expense of $1,250,000. If the company's income tax rate is 50 percent, ..

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