If operating cash of a firm was estimated to be 05 of sales


If operating cash of a firm was estimated to be 0.5% of sales, the comprehensive income of this firm was $59,129, and net profit margin was 9% and cash and cash equivalent were $215,681. If you are reformulating the balance sheet of this firm, its financial assets will increase after the reformulation by:

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If operating cash of a firm was estimated to be 05 of sales
Reference No:- TGS02826982

Expected delivery within 24 Hours