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The Johnson corporation has a book value of equity and $50,000. long-term debt is 10,000. Net working capital, other than cash, is $4000. Fixed assets
The Johnson corporation has a book value of equity and $50,000. long-term debt is 10,000. Net working capital, other than cash, is $4000. Fixed assets are $55,000. If current liabilities are $2000, what are current assets? How much cash does the company have?
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