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1 Company is egoing to bulld a new factory at a cost of $15 million 2. Money will be raised at midnight on 12/31/22 3

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1 Company is egoing to bulld a new factory at a cost of $15 million 2. Money will be raised at midnight on 12/31/22 3 Company does not want the debt to equity ratio to change after financine the factory with rieht and eaub. How will you raise the $15 million needed to keep debt to equity the same? Show your calculations. 3 How much debt will you issue? 4 How many shares of stock will you issue? What is the debt to equity ratio after the financing assuming no other balance sheet changes? 6 If net income for the year ended 12/31/23 stays at $4,000,000, what will earnings per share be? 7 Why did earnings per share change? 1 Company is egoing to bulld a new factory at a cost of $15 million 2. Money will be raised at midnight on 12/31/22 3 Company does not want the debt to equity ratio to change after financine the factory with rieht and eaub. How will you raise the $15 million needed to keep debt to equity the same? Show your calculations. 3 How much debt will you issue? 4 How many shares of stock will you issue? What is the debt to equity ratio after the financing assuming no other balance sheet changes? 6 If net income for the year ended 12/31/23 stays at $4,000,000, what will earnings per share be? 7 Why did earnings per share change

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