Question
Calculate total sales for the 5 years indicated below. Run a horizontal base year comparison to 2012 for working capital and total sales and comment
Calculate total sales for the 5 years indicated below. Run a horizontal base year comparison to 2012 for working capital and total sales and comment on the information shown. What trends are developing between sales and working capital?
Company 2016 2015 2014 2013 2012
Working Capital (in
millions $) 6.4 5.7 4.6 3.8 3.0
Working Capital
Turnover 7.7 8.4 10.2 11.9 15.0
Total Sales ? ? ? ? ?
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
