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 owners’ equity and build a balance sheet for the company?and how much is net working capital of the company? b. Calculate the return on assets of the company given that Return on Equity is 30%? c. What is the PE of the company if total number of ordinary shares outstanding is 2000 and market price of each share is $12?
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 owners’ equity and build a balance sheet for the company?and how much is net working capital of the company? b. Calculate the return on assets of the company given that Return on Equity is 30%? c. What is the PE of the company if total number of ordinary shares outstanding is 2000 and market price of each share is $12?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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 owners’ equity and build a
b. Calculate the return on assets of the company given that Return on Equity
is 30%?
c. What is the PE of the company if total number of ordinary shares
outstanding is 2000 and market price of each share is $12?
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