II QUESTION Shown below are comparativa balance sheets and comparative comments for Munishing Company in the comparativement, enter the following A For the year 2019. ut in the company.com doller amount of capital of the total capital, what percentage is long term debet What percentage is preferred tocke What percentage is common equity Por tie year 2020, what is the company's toll amount of capital of the oral capital, what percentage long-term debe What percentage is preferred mud What percentage comme equity c. For the yea 2021, what company's total dollar amount of capital of that total capital oms, what percentage de fone-semeh? What percentage is proferred sock? What perontage in commen quity D Based on your nuwento. 11, and C, which of the following capital structure theories ben describes the company's capital structure? Why? Be specific Modigliani Miller (M&M) 1958 - x Modigliani & Miller (MAM) 1963 with Trade-Orr Model Miami Publishing Company financial statements 2020 20 200 395 Balance Sheets (in thousands of dollars) 2021 Cash 30 Accounts receivable Inventory 400 Current assets 030 Geosfred assets 5000 Accumulated depreciation 180 Net fixed assets 820 Total assets 1450 2019 30 430 640 1100 1650 510 925 1000 220 780 1705 20 1370 2470 375 300 260 150 315 710 Accounts payable Accruals Notes payable Current liabilities Long-term debt bonds) Preferred to Common stock Puid-in capital Retained earnings Totallia & equity 250 200 100 550 500 0 25 75 300 1450 500 0 25 75 395 280 970 700 D 200 100 500 2470 1705 Income Statements (in thousands of dollars) 2021 2020 Sales 4000 4800 Operating expenses 3640 4520 Depreciation expense 40 40 EBIT 320 240 Interest expense 50 EBT 280 190 Taxes (40%) 112 76 NI 168 114 2019 5800 5560 60 180 40 70 110 44 66 Total cash dividends 11 19 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). 11 25 points QUESTION 31 Shown below are comparative balance sheets and comparative income statements for Miami Publishing Company. Using these comparative statements, answer the following A For the year 2019, what is the company's total dollar amount of capital of that total capital amount what percentage is long-term debt? What percentage is preferred stocke What percentage in common equity For the year 2020, what is the company's total dollar amount of capital of the total capital sount, what percentage is born term debe? What percentage is preferred stock? What percentage is common cquity? For the year 2021. what is the company's totul dollar amount of capital? Or that total capital amount, what percentage is long term debe? What percentage is preferred stock? What percentage in common cquity? D. Based on your answers to A, B, ad C, which of the following capital structure theories bout describes the company's capital structure? Why? He specife Modigliani & Miller (M&M) 1958 - no taxes Modigliani & Miller (MAM) 1963 - with taxes Trade-Or Model Miami Publishing Company financial statements Balance Sheets (in thousands of dollars) 2021 Cash 30 Accounts receivable 200 Inventory 400 Current assets 630 Gross fixed assets 1000 Accumulated depreciation 180 Net fixed assets Total assets 1450 2020 20 395 510 925 1000 220 780 1705 2019 30 430 640 1100 1650 280 1370 2470 820 375 Accounts payable Accruals Notes payable Current liabilities Long-term debt (bonds) Preferred stock Common stock Paid-in capital Retained earnings Total liab & equity 250 200 100 550 500 0 25 75 300 260 150 710 500 0 25 75 395 1705 315 280 970 700 . 200 300 100 500 2470 1450 2019 5800 5560 60 Income Statements (in thousands of dollars) 2021 2020 Sales 4000 4800 Operating expenses 3640 4520 Depreciation expense 40 40 EBIT 320 240 Interest expense 40 50 EBT 280 190 Taxes (40%) 112 76 NI 168 114 180 70 110 44 66 11 19 11 Total cash dividends