Montclair Company is considering a project that will require a $$660,000$ loan. It presently has total liabilities of $$140,000$ and total assets of $$700,000.$

Compute Montclair$$s $($a$)$ current debt$-$to$-$equity ratio and $($b$)$ the debt$-$to$-$equity ratio assuming it borrows $$660,000$ to fund the project.

If Montclair borrows the funds, does its financing structure become more or less risky?