Huntsman Corp. completed a plant expansion using financing as follows: $9 million from mortgages, $3 million from retained earnings, and $4million from cash on hand, The debt-to-equity mix was closest to:a. 56-44b. 75-25c. 44-56d. 25-75

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter11: The Cost Of Capital
Section: Chapter Questions
Problem 12PROB
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Huntsman Corp. completed a plant expansion using financing as follows: $9 million from mortgages, $3 million from retained earnings, and $4
million from cash on hand, The debt-to-equity mix was closest to:
a. 56-44
b. 75-25
c. 44-56
d. 25-75

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