Garth Cooks Company has a book net worth of ($7,500). Long-term debt is ($1,500.) Net working capital,

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Garth Cooks Company has a book net worth of \($7,500\).

Long-term debt is \($1,500.\) Net working capital, other than cash, is \($2,250\).

Fixed assets are \($2,000.\) How much cash does the company have? If current liabilities are \($1,000,\) what are current assets?

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Related Book For  book-img-for-question

Fundamentals Of Corporate Finance

ISBN: 9780072313000

5th Edition

Authors: Stephen A Ross, Randolph W Westerfield

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