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Green Energy Solutions is expanding its renewable energy projects with an investment of $60 million. This will be financed by $20 million in retained earnings
- Green Energy Solutions is expanding its renewable energy projects with an investment of $60 million. This will be financed by $20 million in retained earnings and $40 million in debt. Determine the effect on the debt-to-equity ratio if the company's existing equity is $70 million.
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
