Business
Business, 26.08.2020 23:01, oktacos

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 $10,000,000 in bonds. Assume the bonds are issued at face value and leverage changes to 2.7. Which of the following statements are true? Select all that apply. Select: 3Save Answer The total investment for Digby will be $208,249,151 Digby’s long-term debt will rise by $9,000,000 Total Assets will rise to $220,653,007 Total liabilities will be $136,525,815 Working capital will remain the same at $15,109,060

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