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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

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 ($33.55) and leverage changes to 2.8. Which of the following statements are true? Select all that apply.
Select: 3
- Total liabilities will be $123,713,264
- The total investment for Digby will be $206,542,591
- Total Assets will rise to $217,831,113
- Working capital will remain the same at $10,349,434
- Equity will be $80,313,076
- Digby will issue stock totaling $2,516,250

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