What is the price earnings ratio of the company

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Question - 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?

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

c) 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?

Reference no: EM132996792

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