Question
Sunset, Inc., has a book value of equity of $13,465. Long-term debt is $8,200. Net working capital, other than cash, is $2,275. Fixed assets are
Sunset, Inc., has a book value of equity of $13,465.
Long-term debt is $8,200. Net working capital, other than cash, is $2,275.
Fixed assets are $18,380. How much cash does the company have? If
current liabilities are $1,630, what are current assets?
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
