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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 434 |
Essay's paper body
Retained Earnings can be used to finance the merger. But Lester only has 29 million dollars in retained earnings. Hence Lester cannot generate capital through retained earnings. Hence the hybrid option of Debt-Equity seems to be the best option for Lester.
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Lester Electronics and Shang-Wa Electronics have a long-standing business relationship. The owners of these firms are close friends, both working diligently to increase market share, profits, and the reputation of their companies. Both companies are financially solvent, and both companies are making strides to address the growing demand for their products and services...
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