Nano-Technologies bought out RT-Micro using financing as follows: $16 million from mortgages, $4 million from retained earnings,
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Nano-Technologies bought out RT-Micro using financing as follows: $16 million from mortgages, $4 million from retained earnings, $12 million from cash on hand, and $30 million from bonds. Determine the debt-to equity mix.
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Debt 16 30 46 millio...View the full answer
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