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16 - 11 Mercury Air's debt consists of $50,100 in accounts payable , $100 090 in 10 percent notes payable and $240 090 in 8
16 - 11 Mercury Air's debt consists of $50,100 in accounts payable , $100 090 in 10 percent notes payable and $240 090 in 8 percent bonds , Mercury has no preferred stock . If it's marginal tax rate is 35 percent what is Mercury's financial breakeven point
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