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 2.43. assume the stock can be issued at yesterday's stock price $23.03. which of the following statements are true? (select 2 answers) digby bond issue will be $47,165 total assets will rise to $150,947,421 digby working capital will be unchanged at $21,092,896 long term debt will increase from $35,183,502 to $36,334,880 total investment for digby will be $2,796,837 digby will issue stock totaling $1,151,378
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It is january 2nd. senior management of digby meets to determine their investment plan for the year....
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