EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN: 9781337514835
Author: MOYER
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Chapter 4, Problem 7P
a)
Summary Introduction
To determine: Additional financing needed and show pro-forma balance sheet for the company as on December 31, 2017.
b)
Summary Introduction
To determine: The amount additional financing needed through 60-day average collection period.
c)
Summary Introduction
To determine: The maximum amount of additional financing needed in the form of notes payables and discuss the other potential sources available.
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