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The following information is taken from a company's income statement: Sales 20,000,000 Cost of goods sold 10,700,000 Selling and administrative expenses 1,300,000 Financial costs 2,300,000
The following information is taken from a company's income statement: Sales 20,000,000 Cost of goods sold 10,700,000 Selling and administrative expenses 1,300,000 Financial costs 2,300,000 From the balance sheet we find the following information: Accounts receivable 3,050,000 Accounts payable 4,900,000 Stock 6,200,000 Bond loan 9,800,000 Fixed assets 8,250,000 Equity 2,800,000 What are the company's Net Assets? Choose an alternative:
4,350,000
12,600,000
7,700,000
14 150 000
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