Incite co. has a 30 percent tax rate. its total interest payment for the year just ended was $43.4 million. what is the interest tax shield? (do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e. g., 1,234,567. round your answer to the nearest whole number, e. g., 32.) interest tax shield $

$13,020,000

Explanation:

Given that,

Tax rate = 30%

Total interest payment for the year just ended = $43,400,000

Interest Tax Shield = Tax rate × Total interest payment

                               = 30% × $43,400,000

                               = 0.30 × $43,400,000

                               = $13,020,000

Therefore, the interest tax shield is $13,020,000.

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )