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A firm has interest expense of $145,000, preferred dividends of $25,000, and a tax rate of 21 percent. The firm's financial breakeven point is ________.
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A firm has interest expense of $145,000, preferred dividends of $25,000, and a tax rate of 21 percent. The firm's financial breakeven point is ________.
$201,646
$145,000
$176,646
$25,000
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