Mommy Hai-dee, Inc. as of yearend of 2019 has a Total Working Capital of Php 3,000,000.00...
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Mommy Hai-dee, Inc. as of yearend of 2019 has a Total Working Capital of Php 3,000,000.00 and with a Current ratio of 2:1. Non- current asset balance is Php 2,000,000.00 comprised of Fixed Asset. There is no long-term debt with debt ratio of only 0.25:1. Using Book Value Method, what is the minimum value it can sell the 15% of the business? a. Php 750,000.00 b. Php 550,000.00 c. Php 450,000.00 d. Php 400,000.00 Mommy Hai-dee, Inc. as of yearend of 2019 has a Total Working Capital of Php 3,000,000.00 and with a Current ratio of 2:1. Non- current asset balance is Php 2,000,000.00 comprised of Fixed Asset. There is no long-term debt with debt ratio of only 0.25:1. Using Book Value Method, what is the minimum value it can sell the 15% of the business? a. Php 750,000.00 b. Php 550,000.00 c. Php 450,000.00 d. Php 400,000.00
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
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