Medilab Pharmaceuticals had EBIT of $ 359 million in 2016. In addition, Medilab had interest expenses of $ 165 million and a corporate tax rate of 30 %. a. What is Medilab's 2016 net profit? b. What is the total of Medilab's 2016 net profit plus interest payments? c. If Medilab had no interest expenses, what would its 2016 net profit have been? How does it compare to your answer in part b? d. What is the amount of Medilab's interest tax shield in 2016?
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