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The company’s CEO needs to maximize the personal debt degrees on the Substantial County’s balance sheet and utilizing the personal debt proceeds to pay back the debt. It can be assumed that the utmost amount of credit card debt will be saved 50% of the total equity right after deducting the current liabilities from the entire belongings. The financial debt amount equalled to $4.862 million (See Appendix 6) following the proposed financial debt maximization assumption.

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Explanatory case reports are primarily utilised to elucidate how or why a certain celebration occurred. They will often be exploratory, carried out right before much more in-depth investigation to recognize the brings about powering observed phenomena.

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