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The business’s CEO wishes To maximise the credit card debt stages to the Significant County’s balance sheet and using the personal debt proceeds to repay the financial debt. It is actually assumed that the utmost amount of financial debt would be saved 50% of the entire equity following deducting The existing liabilities from the full belongings. The credit card debt degree equalled to $four.862 million (See Appendix 6) following the proposed credit card debt maximization assumption.
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