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A company's net income is $850; the after-tax interest is $216; the cost of capital is 6%; the average long-term debt is $8,000, the average
A company's net income is $850; the after-tax interest is $216; the cost of capital is 6%; the average long-term debt is $8,000, the average current liabilities are $1,000 and the average shareholders' equity for the period is $9,000.
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
