Question
Geller Corp. has a book value of equity of $13,530. Long-term debt is $8,850. Net working capital, other than cash, is $3,640. Fixed assets are
Geller Corp. has a book value of equity of $13,530. Long-term debt is $8,850. Net working capital, other than cash, is $3,640. Fixed assets are $18,030 and current liabilities are $1,890.
a. How much cash does the company have? (Do not round intermediate calculations.)
b. What are current assets?
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
