Ask Question
20 November, 01:06

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

+2
Answers (1)
  1. 20 November, 01:17
    0
    solo tienes que multiplicar y luego dividir la respuesta que te dé la multiplicación
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “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 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers