Question
January second the senior manager of chealsi meet to determine their investment plan for the year if they decided to fully fund a plant and
January second the senior manager of chealsi meet to determine their investment plan for the year if they decided to fully fund a plant and equitment purchase by issueing 75 thousand shares of stock, plus a new bond issue assuming the stock can be issued at yesterdays stock price*30.30 cents) and leverage changes to 2.7. Which of the following statement is true. 1. Total investment of chealsi will be 200969317 2 Total Liabilities will be 118488697 3. Will issue stock totallling 2,72,500 4. Working capital will remain the same at 13,756828 5. Total assets will rise to 210,426,171 6. Equity will be 80,208119
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