Exercise 10-12 Applying debt-to-equity ratio LO A3 Montclair Company is considering a project that will require a $620,000 loan. It presently has total liabilities of $160,000, and total assets of $680,000 1. Compute Montclair's (o) present debt-to-equity ratio and (b) the debt-to-equity ratio assuming it borrows $620,000 to fund the project Choose Numerator: Choose Denominator: Debt-to-Equity Ratio