2013dec q4

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March 5, 2017 at 12:30 pm #375714
Anonymous
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Part a why the last sentence of part a total additional funds for new investment will be 300.6+99
For me 300.6 is enough it has included the 99 sale benefit why add another time
March 5, 2017 at 6:15 pm #375758
John Moffat
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Although the 99 was included in the calculations – they are two separate things.
They do obviously have 99 extra cash available for investment.
In addition they have the extra debt capacity (based on the asset value) and so they can borrow more as a result.
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