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Please answer the following questions and all its parts(max 4 parts according to chegg). Failure to do so will result in negative rating. Try answering
Please answer the following questions and all its parts(max 4 parts according to chegg). Failure to do so will result in negative rating. Try answering on a piece of paper if possible and scan it please and i will give good rating. Thanks!
14.3. 20 University Exercise Finance. X has annual credit sales of $4.2 million and cost of sales of $1.89 million. Current assets consil consists of inventory and accounts receivable. Current liabilities consists of accounts payable and an overdraft with an average interest rate of 70% peryear. The company gives 2 months credit to its customers and is allowed, on average, I month's credit by trade suppliers. It has an operating cycle of 3 months. Current ratio of 8 - 104 cost of long term finance of x 11.fo cal calculate the size of the overdraft of y, the net working Capital of the company and the total cost of financing its current assets Establish and justify the formula for the put - call parity. Critically assess whether in Dividend Irrelevance Theory" as developed by Modigliani and Miller can be implemented in practise Elaborate on the in Trade-Off Theory and Pecking-order Theory ce)Step by Step Solution
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