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Author Question: Beranek Corp. has $520,000 of assets, and it uses no debtit is financed only with common equity. The ... (Read 61 times)

mmmmm

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on: Aug 7, 2023
Beranek Corp. has $520,000 of assets, and it uses no debt—it is financed only with common equity. The new CFO wants to employ enough debt to bring the debt/assets ratio to 55%, using the proceeds from the borrowing to buy back common shares at book value. How much must the firm borrow to achieve the target debt ratio?

◦

$255,460


◦

$264,801


◦

$270,317


◦

$286,000

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by mmmmm on Aug 7, 2023

AarionnaH

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mmmmm

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

alvinum

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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