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Consider the following data on Cameron Corporation: Cash in hand $10 million, current assets worth $25 million, current liabilities - $15.5 million. inventories = $3.5
Consider the following data on Cameron Corporation: Cash in hand $10 million, current assets worth $25 million, current liabilities - $15.5 million. inventories = $3.5 million, Fixed assets worth $30 million, Long-term debt = $18.5 million, accounts receivable = $1 million, total assets = $ 60 million. Missing information are to be ascertained. (a) what is the value of marketable securities? (b) what is the value of shareholders equity?
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