2. Assume Business Solutions borrows the maximum amount allowed from the bank. (a) What percentage of assets would be financed by debt? (Round your intermediate dollar values to the nearest whole number and final answer to 1 decimal place.) & Answer is complete but not entirely correct. Percentage of assets financed by ssets financed by debt 44.0% (b) What percentage of assets would be financed by equity? (Round your intermediate dollar values to the nearest whole number and final answer to 1 decimal place.) Answer is complete but not entirely correct. Percentage of assets financed by equity 56.0% Santana Rey has consulted with her local banker and is considering financing an expansion of her business by obtaining a long-term bank loan. Selected account balances at March 31, 2018, for Business Solutions follow. Total assets $121,568 Total liabilities $862 Total equity $120,706 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 0.77. 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.) Answer is complete and correct. Maximum amount $ 92,082 2. Assume Business Solutions borrows the maximum amount allowed from the bank. (a) What percentage of assets would be financed by debt? (Round your intermediate dollar values to the nearest whole number and final answer to 1 decimal place.) Answer is complete but not entirely correct