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ABC company recently reported $2M of sales, $0.5M of operatingcosts other than depreciation, and $0.1M of depreciation. Thecompany had $3,000 of outstanding bonds that carry
ABC company recently reported $2M of sales, $0.5M of operatingcosts other than depreciation, and $0.1M of depreciation. Thecompany had $3,000 of outstanding bonds that carry a 10% interestrate, and \( \mathrm{ABC} \) company recently reported \( \$ 2 \mathrm{M} \) of sales, \( \$ 0.5 \mathrm{M} \) of operating costs other than depreciation, and \( \$ 0.1 \mathrm{M} \) of depreciation. The compan 1 answer
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