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i need answer please King Lyon has the following assets: During 4 months of the year, current assets drop to $1,650,000 (total assets will then
i need answer please
King Lyon has the following assets: During 4 months of the year, current assets drop to $1,650,000 (total assets will then be $9,800,000 ), its operating proft iEam) is expected to be $499,500. Its tax rate is 30 percent. Shares are valued at $20. its capital structure is short-term financing at 3 percent and long-term financing of 30 percent equity, 70 percent debt at 4 percent a. Calculate expected EPS if the firm is perfectly hedged. (Do not round intermediate calculations and round your final anuwer to 2 decimal places.) Step by Step Solution
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