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Ch11. 5 cont. Cute Camels addition to earnings for this year is expected to be $420,000. Its target capital structure consists of 40% debt, 5%

Ch11. 5 cont.

Cute Camels addition to earnings for this year is expected to be $420,000. Its target capital structure consists of 40% debt, 5% preferred stock, and 55% common stock. Cute Camel Woodcraft Companys retained earnings break point is _____.

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