Upton Computers Pro forma balance sheet December 21, 2020 (Millions of d Particulars Calculation Amount Assets: Cash 4.235 A 3.5*1.21 Receivables 26*1.21 31.46
Upton Computers Pro forma balance sheet December 21, 2020 (Millions of d Particulars Calculation Amount Assets: Cash 4.235 A 3.5*1.21 Receivables 26*1.21 31.46
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
where does the 1.21 come from for the calculations for part c of the current homework.

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Upton Computers
Pro forma balance sheet
December 21, 2020
(Millions of d
Particulars
Calculation
Amount
Assets:
4.235 A
四
Cash
3.5*1.21
Receivables
26*1.21
31.46
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