Assume your beginning debt in Problem 2 is $100,000. What amount of equity and what amount of
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Income Statement Balance Sheet 200,000 (100,000) 100,000 (6,000) 94,000 Costs Except Depreciation EBITDA Depreciation EBIT Interest Expense Pretax Income Income Tax Net Income Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets 15,000 4.000 21,000 10,000 31,000 93,600 (32.760) 60,840 Accounts Payable 1,500 4,000 5,500 Total Liabilities Stockholders' Equity Total Liabilities and Equity 31,000
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