Business, 11.12.2019 22:31 Ancelingabaut

It is january 2nd. senior management of chester 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 2.7. assume the stock can be issued at yesterday’s stock price ($45.30). which of the following statements are true? check all that apply select: 3

-long term debt will increase from $84,365,920 to $86,099,420

-total investment for chester will be $4,853,800

-the chester working capital will be unchanged at $12,734

-total assets will rise to $228,580,000

-the chester bond issue will be $3,120,300

-chester will issue stock totaling $1,733,500

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:20

Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

Answers: 2

Answer

Business, 21.06.2019 22:10

There are more than two types of bachelors’ degrees true or false?

Answers: 1

Answer

Business, 22.06.2019 13:10

A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?

Answers: 2

Answer

Business, 22.06.2019 13:50

The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.

Answers: 1

Answer

You know the right answer?

It is january 2nd. senior management of chester meets to determine their investment plan for the yea...

Questions