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The earnings for Manning Company is expected to be $420,000 million. The target capital structure consists of 40% debt, 5% preferred & 55% equity. What is the retained earnings breakpoint?

  1. $687,272
  2. $840,000
  3. $725,454
  4. $763,636

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9105378

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