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Business, 13.04.2021 02:40 ijohnh14

Multiple Choice Question Mahan Corporation expects total sales to increase by 20% over the next year. The corporation has no spare capacity and must increase plant and equipment by 20%. The corporation currently has $100,000 in assets, $40,000 in debt, and $60,000 in equity. The corporation desires to maintain the debt-equity ratio. The corporation's debt will be . Multiple choice question. $72,000 $40,000 $60,000 $48,000

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