Project Description:

the wall street journal, recently reported that prada, the well-known italian fashion house, plans to cut its debt levels by 385 million euros by selling assets and reducing inventories, and with a large tax rebate from the italian government. the company hopes to be able to raise funds by issuing equity, but lately the financial markets have been worried that prada's debt levels are much too high. why would high levels of debt make it difficult to raise equity capital? explain how the financial statements of prada would change if it is successful with its plans.
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Price Type: Negotiable

Total Proposals: 3
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