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ABC, Inc., has a return on assets of 8.3 percent and a cost of equity of 12.7 percent. What is the pretax cost of debt

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ABC, Inc., has a return on assets of 8.3 percent and a cost of equity of 12.7 percent. What is the pretax cost of debt if the debt-equity ratio is .85? Ignore taxes. Multiple Choice 3.47% 3.12 3,61% 3.30% O 3.47% O 3.12% 3.61% 3.30 Consider the following financial statement information for the Newk Corporation: Item Inventory Accounts receivable Accounts payable Credit sales Cost of goods sold Beginning $ 10,500 5,500 7,700 Ending $ 11,500 5,800 8,100 $85,000 65,000 Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Operating cycle Cash cycle days days

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