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Pick Pocket Poker's total invested capital is $750,000, and its total debt outstanding is $350,000. The new CFO wants to establish a total debt to
Pick Pocket Poker's total invested capital is $750,000, and its total debt outstanding is $350,000. The new CFO wants to establish a total debt to total capital ratio of 35%. The size of the firm will not change. How much debt must the company add or subtract to achieve the target debt to capital ratio
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