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The corporation’s CEO desires To optimize the credit card debt ranges within the Higher County’s harmony sheet and using the credit card debt proceeds to pay off the credit card debt. It is actually assumed that the most amount of debt can be retained 50% of the total fairness immediately after deducting the current liabilities from the full assets. The personal debt stage equalled to $4.862 million (See Appendix 6) after the proposed debt maximization assumption.

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