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  1. business
  2. accounting
  3. \\ by increasing its interest expense by $2,500 l

\\ By increasing its interest expense by $2,500 last year, Bishara Foods was able...

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Accounting

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By increasing its interest expense by $2,500 last year, Bishara Foods was able to reduce its taxes by $525. This $525 amount is called the: Multiple Choice homemade leverage shield. interest tax shield. interest credit. tax-loss interest. current tax yield

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