Calculate, as a percentage of revenue, how much the Millers would keep in the business for growth
Fantastic news! We've Found the answer you've been seeking!
Question:
Calculate, as a percentage of revenue, how much the Millers would keep in the business for growth ie working capital and the purchase of noncurrent assets and how much would be used to repay the principal on their loan.
First Split:
for retained earnings
blank Numeric Answer
Type your answer here
for debt reduction
blank Numeric Answer
Type your answer here
Second Split:
of retained earnings in working capital
blank Numeric Answer
Type your answer here
of retained earnings in noncurrent assets
Related Book For
Posted Date: