Multiple Choice
If the pro forma balance sheet shows that total assets must increase by $400,000 while retaining a debt-equity ratio of.75 then:
A) Debt must increase by $300,000
B) Equity must increase by the full $400,000
C) Debt must increase by $171,429
D) Equity must increase by $100,000
Correct Answer:
Verified
Correct Answer:
Verified
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