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just small q please help fast The equity section of Luthra corp is shown below. Calculate the book value per common share if there are
just small q please help fast
The equity section of Luthra corp is shown below. Calculate the book value per common share if there are 1,000,000 shares outstanding. Your Answer: Answer McLuthra's Custom Kitchens had sales of $500,000 last year. This year they expect sales to increase to $630,000. 10% of your sales will become profit after tax, Mc Luthra's pays 25% of profit as dividends Current assets and liabilities will increase at the same rate as sales and $15 thousand will be required in capital assets. Use the \% of sales balance sheet method and the balance sheet below to calculate the RNF for Mc Luthra's. (note values are in thousands) Give your answer to two decimal places. If no financing is required give your answer as a negative number. Your Step by Step Solution
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