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g PowerPoint Slide Show - [Lecture 10- Ena [Compatibility Mode]] - PowerPoint WORKING CAPITAL MANAGEMENT (cont.) The following three companies have current asset financing structures

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g PowerPoint Slide Show - [Lecture 10- Ena [Compatibility Mode]] - PowerPoint WORKING CAPITAL MANAGEMENT (cont.) The following three companies have current asset financing structures which may be considered as aggressive, moderate (average) and defensive. Statement of Financial Position as at 31st December, 2016 Aggressive Average Defensive GHC000 GHC000 GHC000 Noncurrent assets 70,000 50,000 40,000 Current assets 30,000 50,000 60,000 Total assets 100,000 100,000 100,000 screenrec 40,000 40,000 40,000 5,000 10,000 30,000 Equity(40,000,000 @ Gh1 per share) 10% Debenture Current liabilities (average cost 3% pa) Total equity and liabilities 55,000 50,000 30,000 100,000 100,000 100,000 The company's profit before interest and tax is Ghc15,000,000 You are required to determine the EPS for the three financing strategies above. UPSA GRADUATE STUDIES DO Slide 39 of 49 EO

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