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The Dart Company is financed entirely with equity. The company is considering a loan of $1.85 million. The loan will be repaid in equal principal installments over the next two years, and it has an interest rate of 7 percent. The company's tax rate is 30 percent.
According to MM Proposition I with taxes, what would be the increase in the value of the company after the loan? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
please submit your final exam answers through your assignments folder. create a word document that contains your
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you are about to take over moneyplays bank a small but lucrative financial institution. you have hired new staff and
Describe the effect on the financial statements when an adjustment is prepared that records (a) unrecorded revenue and (b) unrecorded expense.
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