Question
McDonnell Corp. has a book value of equity of $13,205. Long-term debt of $8,200. Net working capital, other than cash, is $3,205. Fixed assets are
McDonnell Corp. has a book value of equity of $13,205. Long-term debt of $8,200. Net working capital, other than cash, is $3,205. Fixed assets are $17,380. How much cash does the company have? If current liabilities are $1,630, what are the current assets?
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The Concepts And Practice Of Mathematical Finance
Authors: Mark S. Joshi
2nd Edition
0521514088, 9780521514088
