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Good day sir. My question is question 2. ENNEA CO proposal 1. The solution that was given says 40c/320c. How was the 320c got?. Thanks
The question says (just below the Statement of financial position) that the current share price is $3.20.
Dear sir, kindly explain y in proposal 3 they r adding int saving of 1432 in current assets, due to debt being reduced IF they r not deducting additional int payment( due to debt being increased) in prop 1 n 2 frm current assets? Thnk u
But they are!
Under proposal 1, for example, the current assets fall from 66,000 to 64,720, because of the extra interest payments.
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