Question
Problem 1: The following details are available for the two companies. X Ltd. Y Ltd Fixed Assets 400,000 600,000 Current Assets 600,000 400,000 Total Assets
Problem 1: The following details are available for the two companies. X Ltd. Y Ltd Fixed Assets 400,000 600,000 Current Assets 600,000 400,000 Total Assets 1,000,000 1,000,000 EBIT 150,000 150,000 You are required to compare the sensibility of the two companies for a 30% changes in the level of current assets with the help of using capital leverages.
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
