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QUESTION
Assignment Exercise 20-1: Financial Statement Capital Structures Required Find three different financial statements that have varying capital...
Assignment Exercise 20–1: Financial Statement Capital Structures
Required
Find three different financial statements that have varying capital structures. Write a paragraph about each that explains the debt-equity relationship and that computes the percentage of debt and the percentage of equity represented.
Also note whether the percentage of annual interest on debt is revealed in the notes to the financial statements. If so, do you believe the interest rate is fair and equitable? Why?
