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Intro LongGone Corp. had total operating expenses of $84 million last year, including depreciation, and paid $5.2 million in interest. The company also paid out

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Intro LongGone Corp. had total operating expenses of $84 million last year, including depreciation, and paid $5.2 million in interest. The company also paid out $61 million in dividends, while the addition to retained earnings increased equity by 90%. The average tax rate was 34% and the average interest rate on the company's debt was 3.7%. The payout ratio was 50%. IB Attempt 2/10 for 8 pts. Part 1 What was the profit margin? 3+ decimals Submit Part 2 Attempt 1/10 for 10 pts. What was equity at the end of the year, before the addition of retained earnings (in $ million)? 0+ decimals Submit IB Attempt 1/10 for 10 pts. Part 3 What was the financial leverage? 2+ decimals Submit

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