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The CEO designed an alternative choice of getting the HC Firm and maximizing the credit card debt within the Pacific Grove’s equilibrium sheet. The personal debt and equity amounts of Pacific Grove and HC Firm are put together, outside of which the most debt degree is calculated by introducing the 50% of the overall equity on equally of the organization’s equilibrium sheets. The maximum debt amount is calculated as $24. 584 million around (See Appendix seven).
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