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Exercise 10-15 Applying debt-to-equity ratio LO A3 Montclair Company is considering a project that will require a $570,000 loan. It presently has total liabilities of

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Exercise 10-15 Applying debt-to-equity ratio LO A3 Montclair Company is considering a project that will require a $570,000 loan. It presently has total liabilities of $185,000 and total assets of $655,000 1. Compute Montclair's (a) current debt-to-equity ratio and (b) the debt-to-equity ratio assuming it borrows $570,000 to fund the project 2. If Montclair borrows the funds, does its financing structure become more or less risky? Choose Numerator 1 Choose Denominator: 1 Debt-to-Equity Ratio 1. (a) 1 1. (b) 1 if Montclair borrows the funds, does its financing structure become more 2 or loss risky

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