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The corporation’s CEO wishes to maximize the debt degrees to the High County’s equilibrium sheet and utilizing the financial debt proceeds to pay off the financial debt. It can be assumed that the utmost standard of credit card debt could be retained 50% of the total equity right after deducting The existing liabilities from the full property. The debt amount equalled to $four.862 million (See Appendix 6) after the proposed credit card debt maximization assumption.

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