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Kings of Leon, Inc., has a book value of equity of $66,500. Long-term debt is $59,500. Net working capital, other than cash, is $22,700. Fixed
Kings of Leon, Inc., has a book value of equity of $66,500. Long-term debt is $59,500. Net working capital, other than cash, is $22,700. Fixed assets are $92,500 and current liabilities are $7,700. Requirement 1: How much cash does the company have? (Do not include the dollar sign ($).) Cash Requirement 2: What is the value of the current assets? (Do not include the dollar sign ($).) Current assets
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