The company repays a €45,000 loan by taking out another loan for €30,000 and raising €15,000 new equity. What is the impact on the net assets of the company in monetary terms?
The company repays a €45,000 loan by taking out another loan for €30,000 and raising €15,000 new equity. What is the impact on the net assets of the company in monetary terms?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The company repays a €45,000 loan by taking out another loan for €30,000 and raising €15,000 new equity.
What is the impact on the net assets of the company in monetary terms?
One of the directors has loaned the company €25,000 of her own money.
What is the impact on the net assets of the company in monetary terms?
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