Explain the importance of estate planning

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Reference no: EM132038417

1. What is the significance of financial statements, and who would benefit from them, and Why?

2. The firm has the weighted average cost of capital of 15%. The cost of equity is 20% and the firm pays 8.5% interest rate on its debt to investors. Assume that there are no taxes. What is the firm’s debt-to-equity ratio?

3. Please explain the importance of estate planning? and explain how can income tax be reduced?

Reference no: EM132038417

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