What is the value of Mittal Steel shareholder funds

Assignment Help Financial Accounting
Reference no: EM132951957

Question - Mittal Steel is an Indian steel producer. The company has total assets worth 600 crore, of which its current assets are valued at 50 crore. Its current liabilities are valued at 40 crore and non-current liabilities are valued at 260 crore. What is the value of Mittal Steel's shareholder's funds?

a. 500 crore

b. 350 crore

c. 300 crore

d. 200 crore

Reference no: EM132951957

Questions Cloud

What is the present value of the cash flow streams : What is the present value of the following cash flow streams at an interest rate of 7.25%? Year 0 = 750 Year 1 = 2450 Year 2 = 3175 Year 3 = 4400
Explain the portfolio new beta : Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. The portfolio's beta is 1.45. Now suppose you decided to s
Difference between infectious and non-infectious diseases : What is the difference between infectious and non-infectious diseases?
What is the project discounted payback period : Redesign Inc. is considering a project that has the following cash flow data.
What is the value of Mittal Steel shareholder funds : Its current liabilities are valued at 40 crore and non-current liabilities are valued at 260 crore. What is the value of Mittal Steel's shareholder's funds
What amount should be reported as the capital balance : In relation to the 3rd question, what amount should be reported as the capital balance of partner E after the retirement of partner F
Discuss the capital budgeting : Discuss the capital budgeting you had to do to complete the project. What types of projects do you think require the least detailed and the most detailed analys
What would be the ordering and holding cost per wheel : If ABC Co. orders 5000 wheels per order, then the sum of its ordering and holding costs per year is $6,200. What would be ordering and holding cost per wheel
What is the project irr : XYZ Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the WACC or neg

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd