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In 2021, Beta Corporation earned gross profits of $700,000.a) Suppose that Beta was financed by a combination of commonstock and $1.16 million of debt. The

In 2021, Beta Corporation earned gross profits of $700,000.a) Suppose that Beta was financed by a combination of commonstock and $1.16 million of debt. The interest rate on the debt was11%, and the 2 answers

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