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.
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Conejo -Q1 - sep/dec 17
Proposal 2 *
5y ago#2The 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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