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Chapter 10 Homeworki Saved 10 Montclair Company is considering a project that will require a $600,000 loan. It presently has

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Answer #1
1.
Total equity = Total assets - Total liabilities = 670000 - 170000 500000
Choose Numerator: / Choose Denominator:
Total liabilities / Total equity Debt-to-equity ratio
(a) 170000 / 500000 0.34
(b) 770000 / 500000 1.54
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