You are the new CFO of Risk Surfing Ltd, which has current assets of $ 7 920, net fixed assets of $17 700, current liabilities of $4 580 and long term debts of $5 890. Required: a. Calculate owners’ equity and build a balance sheet for the company? b. How much is net working capital of the company? c. Calculate the return on assets of the company given that Return on Equity is 30%?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
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You are the new CFO of Risk Surfing Ltd, which has current assets of
$ 7 920, net fixed assets of $17 700, current liabilities of $4 580 and long term
debts of $5 890. Required:
a. Calculate owners’ equity and build a balance sheet for the company?
b. How much is net working capital of the company?
c. Calculate the return on assets of the company given that Return on Equity
is 30%?
d. What is the PE of the company if total number of ordinary shares
outstanding is 2000 and market price of each share is $12?

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