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crimeas [40]
3 years ago
15

Calculate the net debt of the company based on the information below:

Business
1 answer:
galina1969 [7]3 years ago
6 0

Answer:

$28,300

Explanation:

Calculation to determine the net debt

Using this formula

Net debt=(Short-term interest bearing debt +

Long-term interest bearing debt+Non-interest bearing liabilities)-Cash and equivalents

Let plug in the formula

Net debt=($ 3,000 +$25,000+$ 1,500)-$ 1,200

Net debt=$29,500-$1,200

Net debt=$28,300

Therefore Net debt is $28,300

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Answer:

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Explanation:

To calculate the amount of money you borrowed, you have to use the formula to calculate the present value:

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