Question
Saunders Corp. has a book net worth of $16,750. Long-term debt is $3,400. Net working capital, other than cash, is $4,400. Fixed assets are $4,150
| Saunders Corp. has a book net worth of $16,750. Long-term debt is $3,400. Net working capital, other than cash, is $4,400. Fixed assets are $4,150 and current liabilities are $2,250. |
| Required: |
| (a) | How much cash does the company have? |
| (Click to select)14,26613,43413,85016,00013,850 |
| (b) | What is the value of the current assets? |
| (Click to select)21,5256,65020,50019,47520,090 |
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Essential Mathematics For Economic Analysis
Authors: Knut Sydsaeter, Peter Hammond, Arne Strom
4th Edition
0273760688, 9780273760689
