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QUESTION
Willerton Industries Inc.
Willerton Industries Inc. has the following balances in its capital accounts as of 12/31/x3$65,000,000Preferred Stock $15,000,000$40,000,000$15,000,000Retained earnings $37,500,000Calculate Willerton's capital structure based on book values.
Willerton Industries Inc. has the following balances in its capital accounts as of 12/31/x3Long term debt $65,000,000Preferred Stock $15,000,000Common Stock $40,000,000Paid in excess...