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-   -   Finance Question. (https://www.askmehelpdesk.com/showthread.php?t=563314)

  • Mar 18, 2011, 02:52 PM
    vanessagril
    Finance Question.
    A corporation has $5,000,000 of 10 percent bonds and $3,000,000 of 12 percent
    Preferred stock outstanding. The firm's financial breakeven (assuming a 40 percent tax rate) is

    A) $860,000 b) $716,000 C) $1,400,000 D)$1,100,000

    Please I need CORRECT answer ASAP. Thx
  • Mar 18, 2011, 03:25 PM
    smoothy

    Here is a novel Concept... how about trying it yourself first. I know it will impact on your texting time but give it a try.

    THe Rules for homework on this ENTIRE site are as follows...





    Read this first: Expectations for the Homework Help board

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