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Conejo -Q1 – sep/dec 17

This topic has 2 replies, 2 voices, and was last updated 3 years ago by John Moffat.

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March 2, 2021 at 10:31 am #612596
Afmq
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Hi John, I wonder what’s causing the change in current assets under both the proposal 2
Seems like I am missing something very obvious as nobody asked this question from all the previous question I saw on this.
March 2, 2021 at 10:32 am #612597
Afmq
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Proposal 2 *
March 2, 2021 at 3:29 pm #612701
John Moffat
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The answer assumes that the addition interest of 40.44 is paid in cash, and also that the $1,320 debt raised is all invested in non-current assets generating returns at 12%.
So the new current assets are 530 – 40.44 + (12% x 1,320) = $647.96
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