Business, 15.01.2020 05:31 smithsa10630
Meyer inc's assets are $625,000, and its total debt outstanding is $185,000. the new cfo wants to establish a debt ratio of 55%. the size of the firm does not change. how much debt must the company add or subtract to achieve the target debt ratio? a. $192,962 b. $166,688 c. $158,750 d. $183,773 e. $175,022
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Meyer inc's assets are $625,000, and its total debt outstanding is $185,000. the new cfo wants to es...
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