Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ABC Corporation Current Assets 1,200,000 Non Current Assets 2,000,000 Current Liabilities 1,600,000 Non Current Liabilities 400,000 Capital 200,000 Sales 800,000 Gross Profit 500,000 Net Profit
ABC Corporation Current Assets 1,200,000 Non Current Assets 2,000,000 Current Liabilities 1,600,000 Non Current Liabilities 400,000 Capital 200,000 Sales 800,000 Gross Profit 500,000 Net Profit 100,000 .
1) What is the gearing ratio? Select one: A. 10 times B. 15 times C. 5 times D. 12.5 times
2) How to improve the cashflow of ABC Corporation?
Select one:
A. Sell non-current assets
B. Increase paid up capital
C. Converting current liabilities to non current liabilities
D. All of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started