Business, 20.01.2020 19:31, caitlynnstokes

Bostian, inc. has total assets of $575,000. its total debt outstanding is $185,000. the board of directors has directed the cfo to move towards a debt-to-assets ratio of 55%. how much debt must the company add or subtract to achieve the target debt ratio? select the correct answer. a. $131,118 b. $131,250 c. $131,382 d. $131,316

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Bostian, inc. has total assets of $575,000. its total debt outstanding is $185,000. the board of dir...