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JJ Corp has the following data in its financial position: Current Assets 55,000.00 Non-Current Assets 145,000.00 Current Liabilities 85,000.00 Non-Current Liabilities 35,000 Equity 80,000.00 If
JJ Corp has the following data in its financial position:
Current Assets 55,000.00
Non-Current Assets 145,000.00
Current Liabilities 85,000.00
Non-Current Liabilities 35,000
Equity 80,000.00
If JJ Corp shifted its P25,000 of its fixed assets to Current Assets, and assuming that CA generates 20% profit while fixed assets generate 30% profit.
Compute its effect to
Working Capital
Ratio of CA/TA
Profits
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