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Business, 28.12.2019 05:31 Asantetaedog8934

Acorporation has $50,000 in equity and a debt-to-total-assets ratio of 0.5. the firm wants to reduce this ratio to 0.2 by selling new common stock and using the proceeds to repay principal on outstanding long-term debt. what amount of additional equity financing must the corporation obtain to accomplish this objective?

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Acorporation has $50,000 in equity and a debt-to-total-assets ratio of 0.5. the firm wants to reduce...
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