iple point at you wa (Adjusting a firm's capital structure) Curley's Fried Chicken Kitchen operates two southern cooking restaurants in St. Louis, Missouri, and has the following financial structure: The firm is considering an expansion that would involve raising an additional $2.5 million. a. What are the firm's debt ratio and interest-bearing debt ratio in its present capital structure? b. If the firm wants to have a debt ratio of 50 percent, how much equity does the firm need to raise in order to finance the expansion? ty Alert paz We've pria, Below a. The firm's debt ratio is %. (Round to one decimal place.) week! Accounts payable Short-term debt Current liabilities Long-term debt Owner's equity Total $112,000 391,000 $503,000 2,057,000 1,570,000 $4,130,000 w