What is a step by step process when using excel for this Chapter 17 mini-case on the McKenzie Corporation in corporate finance 11e?

5. If the company opts not to expand, what are the implications for the company's future bor rowing needs? What are the implications if the company does expand? 6. Because of the bond covenant, the expansion would have to be financed with equity. How would it affect your answer if the expansion were financed with cash on hand instead of new equity