6.

It is January 2nd and senior management of Chester meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterdays stock price ($36.77) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.

Select : 3

The total investment for Chester will be $208,302,958

Total liabilities will be $121,026,658

Chester will issue stock totaling $2,757,750

Working capital will remain the same at $16,978,600

Total Assets will rise to $220,754,156

Equity will be $84,518,549