=+P1314 DFL and graphical display of financing plans Wells and Associates has an EBIT of $67,500. Interest
Question:
=+P13–14 DFL and graphical display of financing plans Wells and Associates has an EBIT of
$67,500. Interest costs are $22,500, and the firm has 15,000 shares of common stock outstanding. Assume a 40% tax rate.
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Related Book For 
Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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