Reference no: EM132494079

Question 1: The sales revenue of Kam Chan Limited for 2014 is $100 million. The CEO talked to the sales director in December of 2014. The board has set a target of $400 million for 2019 and expects that there should be stable annual growth of sales over the 5 years period. What should be the annual growth rate for Kam Chan Limited? (no decimal place is required)

Question 2: The assets of Event Management Limited ("EML") consist entirely of current assets and net furniture and equipment. EML has total assets of $15 million and net furniture and equipment equals $12 million.

1. EML has current liabilities of notes payable of $0.9 million, accounts payable and accruals.
2. EML has long term debt of $4.5 million. EML has common equity of $6 million. EML only finances with debt and common equity, so it has no preferred stock.

a. What is the amount of accounts payable and accruals on EML's balance sheet?

b. What is the EML's net operating working capital?

c. What is the difference in amount between net working capital and net operating working capital?

d. What is the amount of current assets on EML's balance sheet?

e. What is the EML's total debt?