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Wildlife Co

Question 43

Multiple Choice

Wildlife Co.reported net income of $8.3 million,interest expense of $.5 million and they are in a 30% tax rate bracket.Their average total assets are $65.8 million and average stockholders' equity is $48.6 million.What is Wildlife's financial leverage percentage?


A) 3.7%
B) 4.5%
C) 4.0%
D) 4.7%

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