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solve for part b Haricot Corp. and Photo Corp, both have operating profits of S145 million Haricot is financed solely by equity, while Pinto has
solve for part b
Haricot Corp. and Photo Corp, both have operating profits of S145 million Haricot is financed solely by equity, while Pinto has issued $195 million of 8% debt if the corporate tax rate is 35% Required: a. How much tax does each company pay? b. What is the total payout to investors (debtholders plus shareholders) of each company Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B What is the total payout to investors (debtholders plus shareholders of each company your own Counded to 1 dacimi place Return to detholde Raumta shareholders Haricot 5 9433 $ 000 Pinto 41 milion 10 X hlon Step by Step Solution
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