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I need help with the whole question. I need explanation and solution Please and Thank you. Connect Homework Chapter 10 Saved Help Save & Exit

image text in transcribed I need help with the whole question. I need explanation and solution Please and Thank you.
Connect Homework Chapter 10 Saved Help Save & Exit Submit 3 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. Exercise 10-15 Applying debt-to-equity ratio LO A3 1. Compute Montclair's (a) current debt-to-equity ratio and (b) the debt-to-equity ratio assuming it borrows $620,000 to fund the project 2. If Montclair borrows the funds, does its financing structure become more or less risky? points Skipped Choose Numerator: Choose Denominator: eBook Debt-to-Equity Ratio Print 0 1. (a) References 1. (b) 0 If Montclair borrows the funds, does its financing structure become more 2. or less risky

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