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Santana Rey has consulted with her local banker and is considering financing an expansion of her business by obtaining a long term bank loan Selected

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Santana Rey has consulted with her local banker and is considering financing an expansion of her business by obtaining a long term bank loan Selected account balances at March 31, 2018, for Business Solutions follow 1. The bank has offered a long term secured note to Business Solutions. The bank's loan procedures require that a client's debe to- equity ratio not exceed 0.8. As of March 3t, 2018, what is the maximum amount that Business Solutions could borrow from this bank? Round your intermediate colculetions to the nearest doller amount) 2. Assume Business Solutions borrows the maximum amount allowed from the bank l what percentage of assets would be tinanced by deor (Round your intermediate dollar velues to the neerest whole number and fnal answer so 1 decimal plece 0. 12 2 Assume Business Solutions borrows the maximum amount allowed from the bank (a) What percentage of assets would be financed by debre (Round your intermediete dillar velues to the nearest whole number and finel answer to 1 decimal place.) m, what percentage of assets would be tranced by and final anseer totdecimal place any?-und your intermedete dolar values to the nearest whole number 0 wXVN

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