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Sunset, Inc., has a book value of equity of $14,550. Long-term debt is $8,450. Net working capital, other than cash, is $2,240. Fixed assets are
Sunset, Inc., has a book value of equity of $14,550. Long-term debt is $8,450. Net working capital, other than cash, is $2,240. Fixed assets are $20,150 and current liabilities are $1,820. |
Requirement 1: |
How much cash does the company have? |
Cash | $ |
Requirement 2: | |
What is the value of the current assets? |
Current assets | $ |
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