Recalculate the forecasts in Table 8-3, assuming that the ratio of net operating working capital to sales
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Recalculate the forecasts in Table 8-3, assuming that the ratio of net operating working capital to sales is 3 percent and the ratio of net long-term assets to sales is 33.4 percent for all the years from fiscal 2011 to fiscal 2020. Keep all the other assumptions unchanged.
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Business Analysis And Valuation Using Financial Statements Text And Cases
ISBN: 9781111972288
5th Edition
Authors: Krishna G. Palepu, Paul M. Healy
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