How much cash does the company have


Problem:

Saunders Corp. has a book net worth of $13,605. Long-term debt is $9,000. Net working capital, other than cash, is $3,700. Fixed assets are $18,180 and current liabilities are $1,950.

Requirement:

Question 1: How much cash does the company have?

Question 2: What is the value of the current assets?

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Accounting Basics: How much cash does the company have
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