Based upon following information how much debt financing as


Based upon following information, how much debt financing (as a %) would be required to finance the replacement of fully depreciated Property, Plant, and equipment (P.P.&E.)?

Gross P.P.&E. $690,000, Accumulated Depreciation $350,000, Funded Depreciation $525,000.

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Financial Management: Based upon following information how much debt financing as
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