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please show work as well, thanks! Exercise 10-15 (Algo) Applying debt-to-equity ratio LO A2 Montclair Company is considering a project that will require a $590,000

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Exercise 10-15 (Algo) Applying debt-to-equity ratio LO A2 Montclair Company is considering a project that will require a $590,000 loan. It presently has total liabilities of $175,000 and total assets of $665.000 1. Compute Montclair's (a) current debt-to equity ratio and (b) the debt-to-equity ratio assuming it borrows $590,000 to fund the 2. If Montclair borrows the funds, does its financing structure become more or less risky? ces Choose Numerator: 7 Choose Denominator Current liabilites Total equity Debt-to-Equity Ratio 1. (a) 0 1. (b) 0 2 If Montclair borrows the funds does its financing structure become more or less risky

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