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CHAPTER 15 PROBLEMS Working-Capital Management PROBLEM 15-1 RISK-RETURN TRADE-OFF DATA 2014 2015 2016 2017 2018 Current Assets $ 250 $ 325 $ 400 $ 475
| CHAPTER 15 PROBLEMS | |||||
| Working-Capital Management | |||||
| PROBLEM 15-1 | |||||
| RISK-RETURN TRADE-OFF | |||||
| DATA | |||||
| 2014 | 2015 | 2016 | 2017 | 2018 | |
| Current Assets | $ 250 | $ 325 | $ 400 | $ 475 | $ 550 |
| Fixed Assets | 750 | 800 | 800 | 825 | 875 |
| Total | $ 1,000 | $ 1,125 | $ 1,200 | $ 1,300 | $ 1,425 |
| Current Liabilities | $ 125 | $ 225 | $ 325 | $ 425 | $ 525 |
| Long-term Liabilities | 250 | 250 | 250 | 250 | 250 |
| Owner's Equity | 625 | 650 | 625 | 625 | 650 |
| Total | $ 1,000 | $ 1,125 | $ 1,200 | $ 1,300 | $ 1,425 |
| A) | |||||
| Current Ratio = | |||||
| Debt Ratio = | |||||
| B) | |||||
| 2014 | 2015 | 2016 | 2017 | 2018 | |
| Current Assets | |||||
| Fixed Assets | |||||
| Total | $1,000 | $1,125 | $1,200 | $1,300 | $1,425 |
| Current Liabilities | |||||
| Long-term Liabilities | |||||
| Owner's Equity | |||||
| Total | $0 | $0 | $0 | $0 | $0 |
| Current Ratio = | #DIV/0! | #DIV/0! | #DIV/0! | #DIV/0! | #DIV/0! |
| Debt Ratio = | 0% | 0% | 0% | 0% | 0% |
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
