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Business, 16.04.2020 19:42 neshaj

The current balance sheet of Bramble Inc. reports total assets of $100 million, total liabilities of $6 million, and stockholders' equity of $94 million. Bramble is considering several financing possibilities in order to expand operations. What will be the effect on Bramble's debt to assets ratio if Bramble issues an additional $20 million in stock to finance its expansion

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