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McConnell Corp. has a book net worth of $16,500. Long-term debt is $7,800. Net working capital, other than cash, is $1,900. Fixed assets are $20,700.

McConnell Corp. has a book net worth of $16,500. Long-term debt is $7,800. Net working capital, other than cash, is $1,900. Fixed assets are $20,700. How much cash does the company have? If current liabilities are $2,750, what are the current assets? Net Worth $16,500 Long-term Debt $7,800 Net Working Capital (Excluding Cash) $1,900 Fixed Assets $20,700 Current Liabilities $2,750 Cash = __________ + ____________ - ____________ - ___________ Net Working Capital (including cash) = ________________ + _____________ Current Assets = ____________ + _____________

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