It is January 2nd. Senior management of Baldwin meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 50,000 shares of stock plus a new bond issue. The CFO happily notes this will raise their Leverage (=assets/equity) to a new target of 2.8. Assume the stock can be issued at yesterdays stock price ($36.01). Which of the following statements are true? Check all that apply. Select: 3

Baldwin will issue stock totaling $1,800,500

Total Assets will rise to $230,546,000

The Baldwin Working Capital will be unchanged at $14,808

The Baldwin bond issue will be $3,240,900

Total investment for Baldwin will be $5,041,400

Long term debt will increase from $83,004,048 to $84,804,548