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 ($30.28) and leverage changes to 2.7. Which of the following statements are true? Select all that apply (3)

• The total investment for Digby will be $200,588,714

• Total liabilities will be $118,217,088

• Digby will issue stock totaling $2,271,000

• Working capital will remain the same at $13,756,669

• Total Assets will rise to $210,139,988

• Equity will be $80,100,625

Cash Accounts Receivable Inventory Total Current Assets Plant and equipment Accumulated Depreciation Total Fixed Assets Baldwin $41,596 $14,467 $11,477 $67,540 $115,660 (548,997) $66,663 Chester $43,037 $11,040 $8,832 $62,910 $211,300 (577,189) $134,111 $197,021 $7,203 $40,704 $47,907 Digby $33,299 $10,783 $8,676 $52,757 $215,760 (570,200) $145,560 Balance Sheet Survey Andrews $24,144 $15,442 $9,927 $49,513 $144,120 (561,740) $82,380 $131,893 $8,842 $11,300 $20,142 $18,409 $38,551 $12,080 $81,262 $93,343 $131,893 Total Assets $198,318 $6,781 $32,219 $39,000 Accounts Payable Current Debt Total Current Liabilities Long Term Debt Total Liabilities Common Stock Retained Earnings Total Equity Total Liabilities & Owner's Equity $134,202 $9,003 $28,331 $37,334 $25,886 $63,220 $10,823 560,159 $70,982 $134,202 $81,487 $120,488 $37,259 $82,927 $130,834 $36,294 $29,894 566,187 $197,021 $40,571 $77,830 $198,318 Cash Accounts Receivable Inventory Total Current Assets Plant and equipment Accumulated Depreciation Total Fixed Assets Baldwin $41,596 $14,467 $11,477 $67,540 $115,660 (548,997) $66,663 Chester $43,037 $11,040 $8,832 $62,910 $211,300 (577,189) $134,111 $197,021 $7,203 $40,704 $47,907 Digby $33,299 $10,783 $8,676 $52,757 $215,760 (570,200) $145,560 Balance Sheet Survey Andrews $24,144 $15,442 $9,927 $49,513 $144,120 (561,740) $82,380 $131,893 $8,842 $11,300 $20,142 $18,409 $38,551 $12,080 $81,262 $93,343 $131,893 Total Assets $198,318 $6,781 $32,219 $39,000 Accounts Payable Current Debt Total Current Liabilities Long Term Debt Total Liabilities Common Stock Retained Earnings Total Equity Total Liabilities & Owner's Equity $134,202 $9,003 $28,331 $37,334 $25,886 $63,220 $10,823 560,159 $70,982 $134,202 $81,487 $120,488 $37,259 $82,927 $130,834 $36,294 $29,894 566,187 $197,021 $40,571 $77,830 $198,318