the asset report of Arvind Company toward the end of year 20 x 7, which is simply over, is given beneath:
Offer capital 200 Fixed resources 280
Held income 120 Inventories 230
Long haul borrowings 210 Receivables 210
Transient borrowings 150 Cash 60
Exchange banks 70
Procurements 30
780
The deals for the year simply finished were 1480. The normal deals for the year 20x8 are 1702. The overall revenue is 8 percent and the profit payout proportion is 30 percent.
Needed:
(a) Determine the outer trusts prerequisite for Arvind for the year 20x8.
(b) How ought to the organization raise its outside trusts prerequisite, if the accompanying limitations apply? (i) Current proportion ought not be under 1.3. (ii) The proportion of altered advantages for long haul credits ought to be more noteworthy than 1.3. Accept that the organization needs to tap outside trusts in the accompanying request: transient bank getting, long haul advances, and extra value issue