Business, 02.07.2019 00:20 Echo009

Meyer inc's total invested capital is $610,000, and its total debt outstanding is $185,000. the new cfo wants to establish a total debt to total capital ratio of 55%. the size of the firm will not change. how much debt must the company add or subtract to achieve the target debt to capital ratio? a. $165,550 b. $115,885 c. $164,045 d. $185,115 e. $150,500

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Meyer inc's total invested capital is $610,000, and its total debt outstanding is $185,000. the new...

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