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The CEO designed another choice of getting the HC Company and maximizing the financial debt on the Pacific Grove’s balance sheet. The financial debt and equity amounts of Pacific Grove and HC Company are merged, from which the utmost financial debt level is calculated by incorporating the 50% of the total fairness on both of those of the company’s equilibrium sheets. The most credit card debt level is calculated as $24. 584 million approximately (See Appendix seven).
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