Question

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LacBook Air Gestion 2 Not complete Marked out of 10.00 Company ABC has total liabilities of $660,000 and total equity of $342,000. The company and funds through debt and equity. The company will issue 2000 sha au quity. The company will issue 12.000 shares of common stock 1 auruun t intends to borrow as much as it can from Bank of XYZ Bank of XYZ requires a madmum debidamente of 0.64 What is the maximum additional na s ne maximum additional amount that Company ABC can borrow aftore Select one: a. $268,000 b. The company already reached the maximum and cannot borrow more c. $164,332 to get how to d. $96,480 Check Question 3 Not complete Marked out of 10.00

Answer 1

has tot al totel quity iabiubes t 660000 ABC 342000 Assels Uabi lihest Equity total $660 000 t $342000 Tetal Asets $100 2000 Debt to Ass ajo to be o64 Total Debs Total assets ABC wants O.64

Clnount et's fo be assume tha bomowsol is 'n total be come will abhes $ 660000 t > and to tal assets wil Of epeihy Shares (002000 t Ce2o00 xIS)+ x become affer ue I82000+ L 660000+x 64 82000+ 660000 +x O 36 268000 to be Amount $26f000 660000 26C000 Total tiabilihes a28000 Tehl uiy g42000 1&o00O ¢T22000 Total Asels luT0000.