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Montclair Company is considering a project that will require a $610,000 loan. It...

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Montclair Company is considering a project that will require a $610,000 loan. It presently has total liabilities of $165,000, and total assets of $675,000. 1. Compute Montclair's (a) present debt-to-equity ratio and (b) the debt-to-equity ratio assuming it borrows $610,000 to fund the project. Choose Numerator: Choose Denominator: Total liabilities Total equity Debt-to-Equity Ratio (a)S 165,000 510,000 0.32

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