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Ancient Histories Inc. has total assets of $555,000. Its total debt outstanding is $125,000. The Board of Directors has directed the CFO to move towards

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Ancient Histories Inc. has total assets of $555,000. Its total debt outstanding is $125,000. The Board of Directors has directed the CFO to move towards a total debt ratio of 40%. How much debt must the company add or subtract to achieve the target debt ratio? $97.000 -$97,000 $250,000 -$222,000 O $222.000

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