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A current debt ratio is 0.5., the target ratio is 0.8. How much additional debts to reach the target level. The current assets are $40,000
A current debt ratio is 0.5., the target ratio is 0.8. How much additional debts to reach the target level. The current assets are $40,000 and current debt is $20,000 which is a debt ratio of 0.5. What is the formula for taking the target ratio to 0.8? Thanks
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