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On January 1, 2021. Eagle Company borrows $22,000 cash by signing a four-year 6% installment note The note requires four equal payments of $6,349, consisting

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On January 1, 2021. Eagle Company borrows $22,000 cash by signing a four-year 6% installment note The note requires four equal payments of $6,349, consisting of accrued interest and principal on December 31 of each year from 2021 through 2024 Prepare an amortization table for this installment note (Round all amounts to the nearest whole dollar) Payments (B) Debit Interest (C) Debit Notes Expense Payable (D) Credit Cash (E) Ending Balance Period Ending (A) Beginning Date Balance 2021 2022 2023 2024 Total Montclair Company is considering a project that will require a $680,000 loan. It presently has total liabilities of $130,000 and total assets of $710.000 1. Compute Montclair's (a) current debt-to-equity ratio and (b) the debt-to-equity ratio assuming it borrows $680,000 to fund the project 2. If Montclair borrows the funds, does its financing structure become more or less risky? Choose Numerator 1 Choose Denominator Debtto-Equity Ratio 1 (a) 1 lb) 2 1 Montclair borrows the funds does its financing structure become more or less risky

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