Business, 18.02.2020 01:51 chevysilverado3464

Bostian, Inc. has total assets of $660,000. 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?

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Bostian, Inc. has total assets of $660,000. Its total debt outstanding is $185,000. The Board of Dir...

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