Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hashing reports 2 million in net working capitals, and 10 million in T. Rontained earnings are 10 of the revenues. Total short-term dat and long

image text in transcribed
image text in transcribed
Hashing reports 2 million in net working capitals, and 10 million in T. Rontained earnings are 10 of the revenues. Total short-term dat and long term debt are 7 million and 13 million respectively. Currently shares are traded at 4wd there are 5 milion shares outstanding Total as 60 million. If the company is financially stressede, Altman's score 2 calculate the maximum value of total revenues (round your wel to the nearest Integer For the toolbar, press ALT+F10 (PC) O ALT+FN+F10 (Mac). B I WS Paragraph v Arial 14px E A T. F XX, 8 XO @ Q 6 11 * S2 A EB EH EH EH EH 38020 0 ambappassesmente picoursement 16619 1855721con 2012 esto numringe Remaining Time: 1 hour, 42 minutes, 38 seconds Question Completion Status: 1 2 5 3 10 11 12 14 15 18 16 17 19 20 Moving to another question will save this response. Question 3 of 20 Question 3 8 points Flash Inc. reports E2 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 E13 million respectively. Currently shares are traded at E4 and there are ES million shares outstanding, Total assets is given as 60 million. If the company is financially stressed (ie, Altman's Z-score 32), calculate the maximum value of total revenues (round your answer to the nearest integer). For the toolbar, press ALT+F10 (PC or ALT+FN+F10 (Mac). : Hashing reports 2 million in net working capitals, and 10 million in T. Rontained earnings are 10 of the revenues. Total short-term dat and long term debt are 7 million and 13 million respectively. Currently shares are traded at 4wd there are 5 milion shares outstanding Total as 60 million. If the company is financially stressede, Altman's score 2 calculate the maximum value of total revenues (round your wel to the nearest Integer For the toolbar, press ALT+F10 (PC) O ALT+FN+F10 (Mac). B I WS Paragraph v Arial 14px E A T. F XX, 8 XO @ Q 6 11 * S2 A EB EH EH EH EH 38020 0 ambappassesmente picoursement 16619 1855721con 2012 esto numringe Remaining Time: 1 hour, 42 minutes, 38 seconds Question Completion Status: 1 2 5 3 10 11 12 14 15 18 16 17 19 20 Moving to another question will save this response. Question 3 of 20 Question 3 8 points Flash Inc. reports E2 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 E13 million respectively. Currently shares are traded at E4 and there are ES million shares outstanding, Total assets is given as 60 million. If the company is financially stressed (ie, Altman's Z-score 32), calculate the maximum value of total revenues (round your answer to the nearest integer). For the toolbar, press ALT+F10 (PC or ALT+FN+F10 (Mac). :

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

American Public School Finance

Authors: William A. Owings, Leslie S. Kaplan

1st Edition

0495807834, 9780495807834

More Books

Students also viewed these Finance questions

Question

If none of the solutions seem satisfying, pick the more easier one.

Answered: 1 week ago