Determine Bentleys Tasmania's weights of debt and equity for 2018. The latest financial statements show...
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Determine Bentleys Tasmania's weights of debt and equity for 2018. The latest financial statements show that the value of long- term interest-bearing debt is $24,000,000. You then note the book value of equity is $245,960,000. Shareholders demand a return on their entire investment, which includes past profits that have been reinvested on their behalf by Bentleys' management. [10 marks]
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