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You are the new CFO of Risk Surfing Ltd, which has current assets of $ 7 920, net fixed assets of $17 700, current liabilities
You are the new CFO of Risk Surfing Ltd, which has current assets of $ 7 920, net fixed assets of $17 700, current liabilities of $4 580, and long term debts of $5 890. Required: a. Calculate the owners equity and build a balance sheet for the company? b. How much is the networking capital of the company? c. Calculate the return on assets of the company given that Return on Equity is 30%? d. What is the PE of the company if the total number of ordinary shares outstanding is 2000 and the market price of each share is $12?
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