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Crawford Inc., a litter recycling company, uses a residual dividend policy. A debt-equity ratio of 1.5 is considered optimal. Earnings for the period just ended

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Crawford Inc., a litter recycling company, uses a residual dividend policy. A debt-equity ratio of 1.5 is considered optimal. Earnings for the period just ended were $1,900, and a dividend of $520 was declared. How much in new debt was borrowed? (Omit $ sign in your response.) New borrowings $ What were total capital outlays? (Omit $ sign in your response.) Total capital outlays $

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