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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 yesterday's stock price (\$41.66) and leverage changes to 2.7 . Which of the following statements are true? Select all that apply. Select : 3 The total investment for Digby will be $24,031,182 Total liabilities will be $148,850,148 Digby will issue stock totaling $3,124,500 Total assets will rise to $234,396,164 Working capital will remain the same at $15,329,153 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 yesterday's stock price (\$41.66) and leverage changes to 2.7 . Which of the following statements are true? Select all that apply. Select : 3 The total investment for Digby will be $24,031,182 Total liabilities will be $148,850,148 Digby will issue stock totaling $3,124,500 Total assets will rise to $234,396,164 Working capital will remain the same at $15,329,153
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