McConnell Corp. has a book net worth of $16,500. Long-term debt is $7,800. Net working capital, other

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McConnell Corp. has a book net worth of $16,500. Long-term debt is $7,800. Net working capital, other than cash, is $1,900. Fixed assets are $20,700. How much cash does the company have? If current liabilities are $2,750, compute current assets?

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Corporate Finance Core Principles and Applications

ISBN: 978-0077905200

3rd edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford

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Question Posted: Oct 01, 2015 07:13 AM

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McConnell Corp. has a book net worth of $16,500. Long-term debt is $7,800. Net working capital, other

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Corporate Finance Core Principles and Applications

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