Assume that instead of fully financing the expansion with debt, the managers of ABB Ltd say they
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Assume that instead of fully financing the expansion with debt, the managers of ABB Ltd say they wish to maintain the ratio of non-current liabilities to equity after the expansion. What would ABB’s statement of financial position look like at the end of 2016?
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Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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