Admission Tests GRE Question Answer
A company has assets worth SI50.000 and liabilities worth S70.000. giving it an asset-to-liability ratio of approximately 2.1. The company will borrow x dollars, and the amount borrowed will be added to both the assets and the liabilities. If the asset-to-liability ratio is to be greater than 1.2 after the money is borrowed, which of the following could be the value of x ?
Indicate all such values.
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