Question: According to the 'pecking order' approach to developing a financing package, what is the expected amount of long-term debt a company should carry given the

According to the 'pecking order' approach to developing a financing package, what is the expected amount of long-term debt a company should carry given the following: The company's only assets consist of $115 inventory and $220 fixed assets. The company's three sources of financing are short-term debt, long-term debt and equity. The yield curve is upward sloping. The current ratio cannot be below 1.4 The debt to equity ratio cannot exceed 1.2

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