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QUESTION 2 You are given the following information for Western, Inc. Sales 240,000 Debt 110,000 Dividends 5,000 Equity 30,000 Interest rate 7% Net income 16,000
QUESTION 2
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You are given the following information for Western, Inc.
Sales 240,000 Debt 110,000 Dividends 5,000 Equity 30,000 Interest rate 7% Net income 16,000 Tax rate 30% A. 21.04%
B. 19.43%
C. 18.11%
D. 17.01%
E. 16.08%
F. 15.28%
G. 14.59%
H. 13.98%
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