Cori's Corporation has a book value of equity of $13,380. Long-term debt is $8,550. Net working capital, other than cash, is $3,235. Fixed assets are $17,730 and current liabilities are $1,770. a. How much cash does the company have? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What are current assets? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) a. Cash b. Current assets
Cori's Corporation has a book value of equity of $13,380. Long-term debt is $8,550. Net working capital, other than cash, is $3,235. Fixed assets are $17,730 and current liabilities are $1,770. a. How much cash does the company have? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What are current assets? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) a. Cash b. Current assets
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 7GI
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