Comp xm-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 ($35.93) and leverage changes to 2.7.
which of the following statements are true?
a) total liabilities will be 140,879,019.
b) total assets will rise to $220,546,428.
c) working capital will remain the same at $14,458,329.
d) digby will issue stock totaling $2,694,750.
e) the total investment for digby will be $21,302,587.
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