Business, 19.09.2020 01:01, alanflores40

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

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