It is January 2nd and senior management of Baldwin meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing $10,000,000 in bonds. Assume the bonds are issued at face value and leverage changes to 2.7.

Which of the following statements are true? Select all that apply. Select: 3

The total investment for Baldwin will be $14,484,642

Total liabilities will be $137,724,193

Baldwins long-term debt will rise by $10,000,000

Total Assets will rise to $221,376,358

Working capital will remain the same at $14,632,568