(b) State the enquiries you would make of the directors of Mulligan Co to ascertain the adequacy of the
$3 million finance requested for the new production facility. (7 marks)
(b) State the enquiries you would make of the directors of Mulligan Co to ascertain the adequacy of the
$3 million finance requested for the new production facility. (7 marks)
(b) It is important to appreciate that the finance request should cover not only the cost of the construction of the new facility, butalso costs in order to get the business unit up and running, and enough cash to meet initial working capital requirements
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