Example 1
All Debt All Equity
Income BTCP 1.00 1.00
less TC=.46 0.00 0.46
Income BTP 1.00 0.54
Taxes TP =.5 TPE=0 0.50 0.00
After Tax Income 0.50 0.54
C.S. & Taxes (Personal & Corp)
barry
(Barry)
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