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 ($28.19) and leverage changes to 2.8. Which of the following statements are true? Select all that apply.

Select : 3

The total investment for Digby will be $198,778,774

Total liabilities will be $118,006,714

Digby will issue stock totaling $2,114,250

Working capital will remain the same at $12,562,338

Total Assets will rise to $214,321,966

Equity will be $78,657,809