30 000 20 000 150 000 1. The Excellence Company has the following balance sheet: (Figuren TL) Cash 10 000 Accounts payable Receivables SO 000 Other current liabilities Inventories 140 000 Long tem debit Not tixed asses 90 000 Common equity Total assets 290 000 Total Bloquity Sales: 300 000 TL EBIT: 25 000 TL 000- They pay currently 10% on long term delt, and ir deht ratio (alle lowered, this would improve profitability and ROB net incompley), Financial that current ratio (current assets/currem labilities) in too high and must bewer average for current tatlo is 2.5 x and reducing only inventories to the level that would same level of current ratio as the industry, is proposed. With the finds the reducing inventories will be used to pay off a part of the debe te se mere expense. If the rate is 40 and long term debt can be paid back partially the following What would be the optimal current isset level and inventory level for the company 6. Prepare a partial income statement and calculate ROE before and after the change C. Calculate the previous and now debt mit and comment on the advantages and of reducing debt ratio, my next year and planning to purchase a laptopa ve money for this man will be deposited in a bank will cost 1500 TL