Question
If sales increase by 10% in 2011 and all other items, including debt, increase correspondingly, what must be the balancing item? What will be its
If sales increase by 10% in 2011 and all other items, including debt, increase correspondingly, what must be the balancing item? What will be its value?
Sales = 4000
Income = 3500
Net income = 500
2010: assets = 3200, debt = 1200, equity = 2000
2009: assets = 2700, debt = 1033, equity = 1667
| Earnings 10% increase = |
| Investment 10 % increase = |
| Additional Borrowing 10% increase = |
| Retained Earnings = |
| Residual Earnings =What is the balancing item, and why? |
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Project Finance In Construction
Authors: Tony Merna, Yang Chu, Faisal F. Al-Thani
1st Edition
1444334778, 978-1444334777
