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Baker Industries' net income is $25000, its interest expense is $4000, and its tax rate is 40%. Its notes payable equals $26000, long-term debt equals

Baker Industries' net income is $25000, its interest expense is $4000, and its tax rate is 40%. Its notes payable equals $26000, long-term debt equals $75000, and common equity equals $245000. The fir...

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