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3 points A company currently has total liabilites (debt) of $215,000 and an equity ratio of 60%. The new CFO wants to establish a debt

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3 points A company currently has total liabilites (debt) of $215,000 and an equity ratio of 60%. The new CFO wants to establish a debt ratio of 31% The size of the firm (assets) does not change. How much debt must the company add or subtract to achieve the target debt ratio? Enter you answer as a number with two decimal places of precision (ie 123) if the company needs to INCREASE the amount of debt they are using, enter your answer as a positive number (but do not use the If the company needs to DECREASE the amount of dobt they are using, enter your answer as a negative number with a procoding sign) sign

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