1. Baldwin Corp. ended the year carrying $18,475,000 worth of inventory. Had they sold their entire inventory at their current prices, how many more dollars of contribution margin would it have brought to Baldwin Corp.? Select: 1 $39,003,380 $10,625,000 $29,107,000 $18,475,000

It is January 2nd. Senior management of Digby meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 50,000 shares of stock plus a new bond issue. The CFO happily notes this will raise their Leverage (=assets/equity) to a new target of 2.8. Assume the stock can be issued at yesterdays stock price ($37.80). Which of the following statements are true? Check all that apply.

Select: 3

	Total Assets will rise to $233,984,000
	The Digby Working Capital will be unchanged at $13,184
	The Digby bond issue will be $3,402,000
	Long term debt will increase from $84,814,944 to $86,704,944
	Total investment for Digby will be $5,292,000
	Digby will issue stock totaling $1,890,000

Production Information Production Info 2nd Auto Unit Shift & mation Capacity Primary Units Inven Age Pfmn Size Material Labor Contr. Over Next Next Plant Name Segment Sold tory Revision Date Dec.31 MTBF Coord Coord Price Cost Cost Marg time Round Round Utiliz. Buddy Nano 1,584 12/3/2017 1.3 23000 11.0 7.0 $32.00 $13.96 $9.33 30% 100% 6.0 900 198 Bat Elite 823 236 1/4/2017 2.4 250000 14.2 8.5 $35.00 $15.32 $8.73 28% 50% 6.5 850 149% E Beetle Nano 1,373 282 9/19/2017 1.2 23000 12.1 5.8 $37.00 $14.96 $8.40 36% 82% 6.0 1,050 181% Bill Elite 1,231 267 8/17/2017 1.2 25000 14.0 8.0 $39.00 $15.41 $7.88 39% 42% 6.0 1,150 141%