how much is the Additional Financing Needed for the entire 4 years (total AFN for the 4-year period)? A Blue Ocean Co. has the following balance sheet:
how much is the Additional Financing Needed for the entire 4 years (total AFN for the 4-year period)?
A Blue Ocean Co. has the following balance sheet:
Cash P 5,000
Accounts receivable 3,000
Inventories 7,000
Fixed assets 45,000
Accounts payable 5,000
Notes payable 10,000
Long-term debt 15,000
Common stock 25,000
The company is not operating at full capacity. The sales for the current year is P100,000 and it is expected to increase by P5,000 per year for the next 4 years. The profit margin and the plowback ratio is
Step by step
Solved in 3 steps
