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total liabilities 652000, equity 168000. issues 33000 common atock at $7 per share. debt to asset...

total liabilities 652000, equity 168000. issues 33000 common atock at $7 per share. debt to asset ratio .7. whats the max to borrow
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Target debt-to-total assets ratio of 0.7 implies that there will be 0.3 of total assets contributed by equity. As a result, T

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