Smile Industries Capital Structure Consists of $1,000,000 of Debt at 6

question 26

Multiple Choice

Smile Industries capital structure consists of $1,000,000 of debt at 6 percent interest and 1,500,000 of stockholders equity at 2 percent. The proportion of Equity in the total capital structure is

• A) 40%
• B) 60%
• C) 100%
• D) 15%

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