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Sichula and Sons Ltd are considering expanding their operations. Several alternative strategies are being discussed for financing this expansion. The latest balance sheet of the
Sichula and Sons Ltd are considering expanding their operations. Several alternative strategies are being discussed for financing this expansion. The latest balance sheet of the company as t 31 December 2015 is as follows: Sichula and Sons Ltd Balance sheet at 31 December 2015 Non-Current assets Land and buildings 40,000 Plant and equipment 90,000 130,000 Current assets Inventory 50,000 Debtors 40,000 Cash 5,000 95,000 Creditors: amounts falling due within one year 25,000 Net current assets 70,000 Total assets less current liabilities 200,000 Sichula and Sons Ltd are considering expanding their operations. Several alternative strategies are being discussed for financing this expansion. The latest balance sheet of the company as t 31 December 2015 is as follows: Sichula and Sons Ltd Balance sheet at 31 December 2015 Non-Current assets Land and buildings 40,000 Plant and equipment 90,000 130,000 Current assets Inventory 50,000 Debtors 40,000 Cash 5,000 95,000 Creditors: amounts falling due within one year 25,000 Net current assets 70,000 Total assets less current liabilities 200,000
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