For the second part of this question, assume you have been brought in as a consultant to help the company grow. It wants to increase production abilities and will need to invest in hiring more employees. The firm plans to take on a mixture of more debt and issuing new equity. How do your recommendations affect the financial ratios you calculated for the next fiscal year?

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As a consultant brought in to help the company grow by increasing production abilities and investing in hiring more employees through a mixture of mor... View the full answer