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192 heducation.com/low/connect heml He Save & E pters 9-11 Santana Rey has consulted with her local banker and is considering financing an expansion of her

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192 heducation.com/low/connect heml He Save & E pters 9-11 Santana Rey has consulted with her local banker and is considering financing an expansion of her business by obtairning a long- ternm bank loan Selected account balances at March 31, 2018, for Business Solutions follow Required 1. The bank has offered a long-term secured note to Business Solutions. The bank's loan procedures require that a client's debt-to- equity ratio not exceed 084. As of March 31, 2018, what is the maximum amount that Business Solutions could borrow from this bank? (Round your intermediate calculations to the nearest dollar amount) 5 99,758 2. Assume Business Solutions bonows the maximum amount allowed from the bank (a) What percentage of assets would be financed by debt? (Round your intermediete dollar values to the nearest whole number and final answer to 1 decimal place.) Oell Updat 2 updates a Detais arch

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