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total invested capital for Meyer inc. is $625,000 Total invested capital for Meyer Inc. is $625,000, and its total debt outstanding is $185,000. The new

total invested capital for Meyer inc. is $625,000

Total invested capital for Meyer Inc. is $625,000, and its total debt outstanding is $185,000. The new CFO wants to establish a total-debt-to-total-capital ratio of 55 percent. 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? $158,750 $166,688 $175,022 $183,773 $192,962

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