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Calculate the net investment in capital in 2020: BALANCE SHEETS 2019 2020 Assets Cash and equivalents $ 20 $ 67 Accounts receivable 240 233 Inventory
Calculate the net investment in capital in 2020:
| BALANCE SHEETS | 2019 | 2020 | |
| Assets | |||
| Cash and equivalents | $ 20 | $ 67 | |
| Accounts receivable | 240 | 233 | |
| Inventory | 240 | 250 | |
| Total current assets | $ 500 | $ 550 | |
| Net fixed assets | 500 | 700 | |
| Total assets | $ 1,000 | $ 1,250 | |
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
16th Edition
013749601X, 978-0137496013
