solve

Stark Industries, the very succemsfel defrrise contrartot, has 5595,000 of assets (which ofgal total mwested capital), anul it uses ne delit rt is financed onfy with common equty. Tomy Stark, the bombastics stmel sute wearing, CEO, wauts to arrploy emouph debt is ruse the tueal debi to total eypital rafio to 40% m using the procoode from borrowing to buy back common atock at its bock value. How musli must the firm borrow to achicve the target debt ratio? a. 5278,460 b. $290,360 c. $254,660 d. $223,720 c. $238,000