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Bostian, Inc. has total assets of S625,000. Its total debt outstanding is S185,000. The Board of Directors has directed the CFO to move towards a

Bostian, Inc. has total assets of S625,000. Its total debt outstanding is S185,000. The Board of Directors has directed the CFO to move towards a debt ratio of 55%. How much debt must the company add or subtract to achieve the target debt ratio? 1

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