Answered

Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Question 1:
You are an investor in Borrow-Happy Ltd., which has a debt-equity ratio of 3:1. Though you have had a good experience thus far, you are influenced by an expert's advice published in media and decide to move your investment to a firm called Equity-Safe Inc. which is completely equity financed. You will do this by selling off your shares worth $35,000 and use the sales proceeds to partly finance your share purchase in the new firm. If you wish to retain the same earnings that you enjoyed with Borrow-Happy Ltd. how many dollars’ worth of shares you will need to buy in Equity-Safe Inc.? Provide supporting computations to your response.
Given:

Sagot :

yogesh780

Answer:

dubdidnf

Explanation:

e8ebsodbwob3

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.