Question: Miosi's assets are $913,000, and its total debt outstanding is $177,000. The CFO wants to establish a debt/assets ratio of 73%, without changing the size

Miosi's assets are $913,000, and its total debt outstanding is $177,000. The CFO wants to establish a debt/assets ratio of 73%, without changing the size of the firm. How much debt must the fum take on to achieve the target debt ratio

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Question: Miosi's assets are $913,000, and its total debt outstanding is $177,000. The CFO wants to establish a debt/assets ratio of 73%, without changing the size

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