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. How much is net working capital of the company? b. Calculate the return on assets of the company given that Return on Equity is 30%? c. What is the PE of the company total number of ordinary share outstanding of the companies is 2,000 and market price of each share is $12?
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. How much is net working capital of the company? b. Calculate the return on assets of the company given that Return on Equity is 30%? c. What is the PE of the company total number of ordinary share outstanding of the companies is 2,000 and market price of each share is $12?
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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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. How much is net working capital of the company?
b. Calculate the
c. What is the PE of the company total number of ordinary share outstanding of the companies is 2,000 and market price of each share is $12?
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