1. CASH CYCLE: What are some of the characteristics of a firm with a long cash cycle?
2. CASH EQUATION: Saunders Corp. has a book net worthof $13,205. Long-term debt is $8,200. Net working capital , other than cash, is $4,205. Fixed assets are$17,380. How much cash does the company have? If current liabilities are $1,630. what are current assets?