Nano-Technologies bought out RT-Micro using fi- nancing as follows: $16 million from mortgages, $4 million from retained
Posted: Mon Mar 21, 2022 4:29 pm
Nano-Technologies bought out RT-Micro using fi- nancing as follows: $16 million from mortgages, $4 million from retained earnings, $12 million from cash on hand, and $30 million from bonds. Determine the debt-to-equity mix.