it is january 2nd and senior management of Chester meets to determine the investment plan...
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Accounting
it is january 2nd and senior management of Chester meets to determine the 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 yesterdays stock price(33.36) and leverage changes to 2.7. which of the following are true? select three
the total investment for chester will be 21,021,178
total liabilities will be 139,433,882
chester will issue stock totaling 2,502,000
total assets will rise to 218,227,660
working capital will remain the same at 14,002,335
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