You are the CFO of a firm that currently has a debt ratio that is above the industry average. You are preparing for an i
Posted: Fri Jul 01, 2022 7:47 am
company to issue additional equity and use the funds to pay down some bank loans. Write up a memo that outlines your position on this matter, and contains your recommendation backed by appropriate justification. (15 points)
You are the CFO of a firm that currently has a debt ratio that is above the industry average. You are preparing for an internal management meeting in which the firm's Capital Structure policy is on the agenda. You are of the opinion that the firm should decrease its debt ratio. You would like the