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The corporate’s CEO needs To maximise the credit card debt concentrations on the Large County’s balance sheet and using the personal debt proceeds to repay the debt. It is assumed that the maximum level of financial debt could well be saved 50% of the entire equity immediately after deducting the current liabilities from the total belongings. The credit card debt amount equalled to $4.862 million (See Appendix 6) after the proposed personal debt maximization assumption.
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