Batik Company presents the following summarized balances of its projected 2021 balance sneet: P438,290 (current assets) P256,090 (current liabilities) P653,475 (non-current assets) P450,000 (non-current liabilities) P467,380 (ending capital) How much external funds would Batik Company need? Positive EFN of P81,705

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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How much external funds would Batik Company need?

Batik Company presents the following summarized balances of its projected 2021 balance sheet:
P438,290 (current assets)
P256,090 (current liabilities)
P653,475 (non-current assets)
P450,000 (non-current liabilities)
P467,380 (ending capital)
How much external funds would Batik Company need?
(A Positive EFN of P81,705
B) Negative EFN of P385,675
Positive EFN of P385,675
D Negative EFN of P81,705
Transcribed Image Text:Batik Company presents the following summarized balances of its projected 2021 balance sheet: P438,290 (current assets) P256,090 (current liabilities) P653,475 (non-current assets) P450,000 (non-current liabilities) P467,380 (ending capital) How much external funds would Batik Company need? (A Positive EFN of P81,705 B) Negative EFN of P385,675 Positive EFN of P385,675 D Negative EFN of P81,705
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