Project #27719 - Financial

Wooten Co's addition to earnings for this year is expected to be $420,000. Its target capital structure consists of 40% debt, 5% preferred, and 55% equity. Determine Wooten's retained earnings breakpoint: 

 

a) $763,636 

b) 878,181

c) $687,272

d) $ 1,050,000

Subject Business
Due By (Pacific Time) 04/14/2014 12:00 am
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