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Debt to Assets Ratio = 40% Assets = 5,088 Long Term Debt = 2035.20 Existing
Loan = 1244 Additional Funds from Loan = 791.20 Additional Funds Needed =
808.60 Additional Funds from Loan = 791.20 Funds Raised from Not…
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Can some please explain how 17.40 was obtained. Steps and formulas would be helpful to understand. Thank you.