Business, 13.04.2021 01:00, familyk0jj3
It is January 2nd. 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 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 2.48. Assume the stock can be issued at yesterday's stock price $20.46. Which of the following statements are true?
a. Digby working capital will be unchanged at $17,929,457
b. Total investment for Digby will be $2,721,439
c. Digby will issue stock totaling $1,129,499
d. Digby bond issue will be $46,377
e. Long term debt will increase from $33,575,852 to $34,705,351
f. Total Assets will rise to $145,921,995
Answers: 2
Other questions on the subject: Business
Business, 21.06.2019 14:50, fazegaze89
For fundamental-type variables, list-initialization syntax prevents narrowing conversions that could result in data loss. for fundamental-type variables, list-initialization syntax allows narrowing conversions that could result in data loss.
Answers: 2
Business, 22.06.2019 04:30, skyvargasov9cad
Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?
Answers: 3
Business, 22.06.2019 06:30, solphiafischer
Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication
Answers: 2
Do you know the correct answer?
It is January 2nd. Senior management of Digby meets to determine their investment plan for the year....
Questions in other subjects:
English, 18.10.2020 04:01
History, 18.10.2020 04:01
Chemistry, 18.10.2020 04:01
Mathematics, 18.10.2020 04:01
