It is January 2nd and senior management of Baldwin meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing $10,000,000 in bonds. Assume the bonds are issued at face value and leverage changes to 2.7. Which of the following statements are true? Check all that apply.
A. Baldwin's long-term debt will rise by $10,000,000
B. Working capital will remain the same at $13,607,943
C. Total Assets will rise to $211,976,070
D. The total investment for Baldwin will be $13,954,930
E. Total liabilities will be $132,001,543
