Question
Mellott Corp. has an equity value of $13,555. Long-term debt is $8,900. Net working capital, other than cash, is $3,660. Fixed assets are $18,080 and
| Mellott Corp. has an equity value of $13,555. Long-term debt is $8,900. Net working capital, other than cash, is $3,660. Fixed assets are $18,080 and current liabilities are $1,910. |
| How much cash does the company have? |
| Cash | $ |
| What is the value of the current assets? |
| Current assets | $
|
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
