You are the new CFO of Risk Surfing Ltd, which has current assets of$ 7 920, net fixed assets of $17 700, current liabilities of $4 580 and long term debts of $5 890. Required: Calculate owners’ equity and build a balance sheet for the company? How much is net working capital of the company? Calculate the return on assets of the company given that Return on Equity is 30%? What is the PE of the company if total number of ordinary shares outstanding is 2000 and market price of each share is $12?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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You are the new CFO of Risk Surfing Ltd, which has current assets of$ 7 920, net fixed assets of $17 700, current liabilities of $4 580 and long term debts of $5 890. Required:

  1. Calculate owners’ equity and build a balance sheet for the company?
  2. How much is net working capital of the company?
  3. Calculate the return on assets of the company given that Return on Equity is 30%?
  4. What is the PE of the company if total number of ordinary shares outstanding is 2000 and market price of each share is $12?

 

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