Dandy Co. has unsecured debt of $250,000 that carries interest at 5%. Dandy Co. could possibly get a lower interest rate by O offering to mortgage a commercial building that had appraised value of $500,000 increasing the amount borrowed offering to repay it more slowly increasing the company's debt ratio doing nothing

Dandy Co. has unsecured debt of $250,000 that carries interest at 5%. Dandy Co. could possibly get a lower interest rate by offering to mortgage a commercial building that had appraised value of $500,000 increasing the amount borrowed offering to repay it more slowly increasing the company's debt ratio doing nothing