Circular Tire Works Capital Structure Name: Institution: Capital Structure for Circular Tire Works Circular Tire Works is a small publically traded chain of tire shops. Circular is quite proud of the fact that it has no debt in its capital structure. However, they have just hired a newly minted VCU finance major, Bo Loated, who has questioned the no debt policy. Bo has indicated that Circular can increase the value of the company, and the share price, by issuing debt, and buying back shares of stock with
...