Determine the debt-to-equity mix when Applied Technology bought out Southwest Semiconductor using financing as follows: $12 million

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Determine the debt-to-equity mix when Applied Technology bought out Southwest Semiconductor using financing as follows: $12 million from mortgages, $5 million from retained earnings, $10 million from cash on hand, and $20 million from bonds.


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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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