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Milma Co (June 13)

EElena2y ago
Hi Sir, Sir how do we calculate the additional capital for year 1. Iam unable to get the answer but for years 2-4 i was able to find using the differnec in sales and multiplying into 0.30 Please can you help me out. Thanks in advance
John MoffatJohn MoffatTutor2y ago#1
The revenue in 2013 was 389.1 (from the question). So the additional capital at time 1 is (418.3 - 389.1) x 0.3 = 8.8
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