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If a firm has the following sources of finance, Currentliabilities $ 150,000 Long-term debt 320,000 Preferred stock 75,000Common stock 270,000 earns a profit of $25,000

If a firm has the following sources of finance, Currentliabilities $ 150,000 Long-term debt 320,000 Preferred stock 75,000Common stock 270,000 earns a profit of $25,000 after taxes, andpays $9,000 2 answers

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