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Business, 01.08.2019 19:30 xxkeyxx51

Meyer inc's total invested capital is $660,000, 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. $217,160 b. $178,000 c. $176,220 d. $172,660 e. $138,840

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Meyer inc's total invested capital is $660,000, and its total debt outstanding is $185,000. the new...
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