Question 1 Please answer only letter D please. You are a newly employed finance manager for Finance Adventure Ltd. The following data is available for the company as of 31 June 2020: Current assets of...



Question 1              Please answer only letter D please.


You are a newly employed finance manager for Finance Adventure Ltd. The following data is available for the company as of 31 June 2020:


Current assets of $293,950


Current liabilities $68,700


Total assets $765,600


Equity $305,890






Required:





a) The company’s Management Board required you to evaluate two alternative options of debt funding and equity funding for a new project. What is the job are you doing to complete the task? (referring to one out of 3 important questions of corporate finance for your answer)


b) Calculate non-current assets, non-current liabilities and build a balance sheet for the company?


c) Calculate the return on assets (ROA) of the company given that return on equity (ROE) is 35%?


d) What is the price earnings ratio (PE) of the company, given total number of outstanding ordinary shares is 57,000 and market price of each share is $22?



Jun 05, 2022
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