What was its interest expense

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Molteni Motors Inc. recently reported $3.75 million of net income. Its EBIT was $6.75 million, and its tax rate was 40%. What was its interest expense? Round your answer to the nearest dollar. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000.

Reference no: EM131185739

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What was its interest expense : Molteni Motors Inc. recently reported $3.75 million of net income. Its EBIT was $6.75 million, and its tax rate was 40%. What was its interest expense? Round your answer to the nearest dollar. Enter your answer in dollars. For example, an answer of $..

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