Subtract to achieve the target debt ratio

Assignment Help Financial Management

Reference no: EM13725156

Pace Corporation's assets are $625,000, and its total debt outstanding is $185,000. The CFO wants to employ a debt-to-assets ratio of 55%. How much debt must the company add or subtract to achieve the target debt ratio?

Reference no: EM13725156

Questions Cloud

Explain six basic steps to decision making : Six Basic Steps to Decision Making. For this assignment you will have the option to choose between three activities, please choose ONE of the follow and submit to the dropbox.

What is the value of this stock at the beginning : What is the value of this stock at the beginning of 2013 when the required return is 14.5 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.)

Restrictions for registering horse : You might also want to include things the registry offers its members, guidelines/restrictions for registering horse with it. I want to be able to read your assignment and have confidence that you know everything of this breed of horse that you co..

Question related to mis : Describe the question of MIS.

Subtract to achieve the target debt ratio : Pace Corporation's assets are $625,000, and its total debt outstanding is $185,000. The CFO wants to employ a debt-to-assets ratio of 55%. How much debt must the company add or subtract to achieve the target debt ratio?

What should he include in his marketing plan : Your cousin wants to start his own business, but he decided not to write a marketing plan because he thinks that preparing such a document would take too long and not be useful to him. What should he include in his Marketing Plan

Define which 3pl would provide the most suitable service : Identify some of the best practices that leading companies using 3PLs have embraced. What value-added considerations would you take into account when considering the use of a 3PL?

Compliance officer of a large multispecialty : You are the compliance officer of a large multispecialty health care organization located in the Southeastern United States. The organization is privately held and is located in a large metropolitan area boasting over a dozen large-company headqua..

Compare and contrast private-label brands and generics : What are private label-brands? Compare and contrast private-label brands and generics. Should national-brand manufacturers also supply private-label brands

User Account

All Pages