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Pace Corp.'s assets are $625,000, and its total debt outstanding is $185,000. The new Co wants to employ a debt ratio of 55%. How much

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Pace Corp.'s assets are $625,000, and its total debt outstanding is $185,000. The new Co wants to employ a debt ratio of 55%. How much debt must the company add or subtract to achieve the target debt ratio? A $220,358 B. $165,413 OC $175,154 D. 5158,750

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