Kevin, it’s such a relief to get this $2,000,000 of financing in place at a reasonable cost. We finally have the go-ahead for the new equipment! If we order now, we'll have it in place and operating next year this time, what with production, shipping, installation, and testing. We'll have to use some of our own money for this, but we'll now be able to pay for it. "Max Benstead was excited as he called you, Kevin Mohammed, into his office. Max is the CFO of Dry Clean Depot Ltd. (DCDL), a company with a chain of 40 dry cleaning stores in Southern Ontario. DCDL’s retail stores are leased, under three-to five-year leases, in various malls and store-front locations. 

What are all the issues?

Answer rating: 100% (QA)

1 Capital Structure How much debt and how much equity is optimal DCDL has two options with ... View the full answer