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The business’s CEO wants To optimize the debt ranges on the Large County’s harmony sheet and using the credit card debt proceeds to repay the financial debt. It really is assumed that the utmost standard of financial debt will be saved 50% of the full equity following deducting The existing liabilities from the entire assets. The personal debt degree equalled to $4.862 million (See Appendix 6) once the proposed personal debt maximization assumption.
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