The last balance sheet of Lotus company is as follows Assets: Current Assets:

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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H5 The last balance sheet of Lotus company is as follows Assets: Current Assets: 20 000 000              Long-Term Assets: 80 000 000 Total Assets:   100 000 000 Liabilities and Equity Account Payables: 4 000 000 Accrued Expenses: 1 000 000 Short-Term Loan:   15 000 000 Long Term Loan:     50 000 000 Equity as Common Stock: 30 000 000 Total Liabilities and Equity: 100 000 000 This firm does not have any outstanding preferred stocks. a)What is the total amount of financing used to finance the assets of this firm? b)What is the weight of debt and the weight of equity (common stock) in financing the assets of that firm?
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