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Problem:

McConnell Corp. has a book value of equity of $13,205. Long-term debt is $8,200. Net working capital, other than cash, is $3,205. Fixed assets are $17,380. How much cash does the company have? If current liabilities are $1,630, what are current assets?

Explain in detail.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91146819

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