- This topic has 0 replies, 1 voice, and was last updated 2 years ago by
.
Viewing 1 post (of 1 total)
- Posts
In, the section C sum Laforge Co. (Mar/Jul 2020)
While calculating the new interest payment for issue of 6% loan notes, why did we not take after tax cost of borrowing? Interest is tax deductible so why not?
The tax rate is 20%. So instead of 6% interest will the interest not be at 4.8% ?Please help. Thank you
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.