Enchanted Company’s total assets fluctuate between P230,000 and P290,000. Total fixed assets remain the same at P65,000. If Enchanted Company follows a maturity matching working capital financing policy, what is the level of its long-term financing?
Enchanted Company’s total assets fluctuate between P230,000 and P290,000. Total fixed assets remain the same at P65,000. If Enchanted Company follows a maturity matching working capital financing policy, what is the level of its long-term financing?
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter9: Corporate Valuation And Financial Planning
Section: Chapter Questions
Problem 6P: Additional Funds Needed
The Booth Company’s sales are forecasted to double from $1,000 in 2018 to...
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PROBLEM 2:
Enchanted Company’s total assets fluctuate between P230,000 and P290,000. Total fixed assets remain the same at P65,000. If Enchanted Company follows a maturity matching working capital financing policy, what is the level of its long-term financing?
PROBLEM 3:
Polygon Inc. planning to increase resources through additional funds needed. It has a new capital budget of 500,000, a sales of 800,000 and profit amounting to 400,000, and a payout ratio of 20%. How much is the additional funds needed?
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