solution
solution.
Company ABC has the following B/S items as of 01.01.2020
USD
Cash: 1000
Receivables to be collected in 3 months : 1500
Receivables to be collected in 18 months: 1750
Inventory: 3000
Machinery: 3500
Trade payables: 1500
Bank Loan to be paid in 10 months: 2000
Bank Loan to be paid in 3 years 1000 Provision: 2250
Equity: ?????
a) What is the B/s like on 01.01.2020 ? What is Working Capital on 01.01.2020 ?
b) Company ABC takes the following financial actions in the first ten days of 2020.
Sells 1500 USD worth of goods from inventory agains cash?
Sells 500 USD worth of goods from inventory on term basis (vadeli) to be collected in 3 months Borrows 1500 USD for 6 years to repay some of the bank loans?
Gets 3 cars for top management from a leasing company to pay 300 usd every month What is the B/s like on 10.01.2020 ?
What is Working Capital on 10.01.2020 ?
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