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Flash Inc. reports 2 million in net working capitals, and 10 million in EBIT. Retained earnings are 10 % of the revenues. Total short-term debt
Flash Inc. reports 2 million in net working capitals, and 10 million in EBIT. Retained earnings are 10 % of the revenues. Total short-term debt and long-term debt are 7 million and 13 million respectively. Currently shares are traded at 4 and there are 10 million shares outstanding. Total assets is given as 60 million. If the company is financially stressed (i.e, Altman's Z-score 2), calculate the maximum value of total revenues (round your answer to the nearest integer).
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