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The CEO created an alternative choice of getting the HC Business and maximizing the credit card debt within the Pacific Grove’s harmony sheet. The debt and fairness amounts of Pacific Grove and HC Corporation are merged, away from which the utmost personal debt amount is calculated by including the fifty% of the total equity on the two of the corporation’s equilibrium sheets. The maximum financial debt level is calculated as $24. 584 million somewhere around (See Appendix seven).

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