McConnell Corp. has a book value of equity of $11,640. Long-term debt is $7,100. Net working capital,

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McConnell Corp. has a book value of equity of $11,640. Long-term debt is $7,100. Net working capital, other than cash, is $2,845. Fixed assets are $14,970. How much cash does the company have? If current liabilities are $1,580, what are current assets?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

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

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