Question: CAN YOU PLEASE HELP WITH THE ONES I GOT WRONG? THANK YOU. Haricot Corporation and Pinto Corporation both have operating profits of $145 million. Haricot

CAN YOU PLEASE HELP WITH THE ONES I GOT WRONG? THANK YOU.

Haricot Corporation and Pinto Corporation both have operating profits of $145 million. Haricot is financed solely by equity, while Pinto has issued $195 million of 8% debt. If the corporate tax rate is 21% : 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. What is the total payout to investors (debtholders plus shareholders) of each company? Note: Enter your answers in million rounded to 2 decimal places. Haricot Corporation and Pinto Corporation both have operating profits of $145 million. Haricot is financed solely by equity, while Pinto has issued $195 million of 8% debt. If the corporate tax rate is 21% : 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. What is the total payout to investors (debtholders plus shareholders) of each company? Note: Enter your answers in million rounded to 2 decimal places

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