Conflicts of Interest
Circular File Company has $50 of 1-year debt.
Circular File Company (Book Values)
Net W.C. 20 50 Bonds outstanding
Fixed assets 80 50 Common stock
Total assets 100 100 Total liabilities
Circular File Company (Book Values)
Net W.C. 20 50 Bonds outstanding
Fixed assets 80 50 Common stock
Total assets 100 100 Total liabilities