Question: Data Table Accounts payable Short-term debt Current liabilities Long-term debt Owner's equity Total $107,000 399,000 $506,000 2,008,000 1,575,000 $4,089,000 TOIVOTTULOL TUTUROVOU Score: 0 of 1

Data Table Accounts payable Short-term debt Current liabilities Long-term debt Owner's equity Total $107,000 399,000 $506,000 2,008,000 1,575,000 $4,089,000 TOIVOTTULOL TUTUROVOU Score: 0 of 1 pt 2 of 8 (0 complete) HW Score: 0%, 0 of 8 pts P15-4 (similar to) Question Help (Adjusting a firm's capital structure) Curley's Fried Chicken Kitchen operates two southern cooking restaurants in St. Louis, Missouri, and has the following financial structure: The firm is considering an expansion that would involve raising an additional $2.1 million. a. What are the firm's debt ratio and interest-bearing debt ratio in its present capital structure? b. If the firm wants to have a debt ratio of 50 percent, how much equity does the firm need to raise in order to finance the expansion
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