Finfish ehf. has assets that are accounted for as follows: Soma boat 25 million ISK, accounts receivable
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Finfish ehf. has assets that are accounted for as follows:
Soma boat 25 million ISK, accounts receivable 15 million ISK, bank balances of ISK 2 million, goodwill is ISK 12 million. ISK, inventory up to 4 million ISK and shares in a subsidiary for 5 million ISK. The company owes ISK 15 million. in overdrafts and 17 million ISK for a long-term loan. Calculate the company's equity ratio and working capital ratio.
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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