Question
1.Compute for cash equation: The Corporation has a book net worth of P10,380. Long-term debt is P7,500. Net working capital other than cash is P2,105.
1.Compute for cash equation:
The Corporation has a book net worth of P10,380.
Long-term debt is P7,500.
Net working capital other than cash is P2,105.
Fixed assets are P15,190
How much cash does the company have?
If current liabilities are P1,450, what are current assets?
2.Compute for the gain or loss...
You are the vice president of International InfoXchange in the U.S.A.Earlier this month you obtained a loan of 5 million Canadian dollars from a bank in Toronto to finance the construction of a new plant in Montreal.At the time the loan was received, the exchange rate was $1.05 to the Canadian dollar. By the end of the month, it has unexpectedly dropped to 95 cents. Has your company made a gain or loss as a result, and by how much?
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
10th edition
978-1260013955, 78034639, 978-0078034633
