It is January 2nd and 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 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterdays stock price ($31.67) and leverage changes to 2.8. Which of the following statements are true?

Select all that apply.

Select: 3

Save Answer Digby will issue stock totaling $2,375,250

Total liabilities will be $145,240,545

Total assets will rise to $223,893,741

The total investment for Digby will be $22,840,824

Working capital will remain the same at $9,995,135