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The CEO made another option of attaining the HC Firm and maximizing Read Full Report the personal debt on the Pacific Grove’s equilibrium sheet. The credit card debt and fairness amounts of Pacific Grove and HC Enterprise are merged, away from which the utmost financial debt level is calculated by adding the fifty% of the total equity on equally of the company’s stability sheets. The utmost personal debt stage is calculated as $24. 584 million around (See Appendix seven).

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