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The corporation’s CEO needs To maximise the credit card debt ranges within the Higher County’s stability sheet and utilizing the financial debt proceeds to pay back the personal debt. It truly is assumed that the maximum volume of debt could well be retained 50% of the entire fairness after deducting The existing liabilities from the entire property. The personal debt degree equalled to $4.862 million (See Appendix six) once the proposed personal debt maximization assumption.
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