Veek $7$: Apply It$-$ Ch $12$ Assignment $-$ Corporate Valuation and Financial Planning

The AFN equation

Blue Elk Manufacturing has the following end$-$of$-$year balance sheet:

$\backslash$table$[[\backslash$table$[[$Blue Elk Manufacturing$],[$Balance Sheet$],[$For the Year Ended on December $31]]],[$Assets$,,$Liabilities,$],[$Current Assets:,,Current Liabilities:,$],[$Cash and equivalents,$-$ $$150,000,$Accounts payable,$$250,000],[$Accounts receivable,$400,000,$Accrued liabilities,$150,000],[$Inventories$,350,000,$Notes payable,$100,000],[$Total Current Assets,$$900,000,$Total Current Liabilities,$$500,000],[$Net Fixed Assets:,,Long$-$Term Bonds,$1,000,000],[$Net plant and equipment$($cost minus depreciation$),$$$2,100,000,$Total Debt,$$1,500,000$