Suppose two successive levels of disposable personal income increases from $16 to $21 billion and the change in consumption spending between these two levels of disposable personal income is $2 billion, then the mpc will equal

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396