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What are the current assets

Response to the following problem:

Cash Equation:

Bettendorf Corporation has a book net worth of $17,800. The company's long-term debt is $6,900. Its net working capital, excluding cash, is $1,600. Its fixed assets are $21,300. How much cash does the company have? If the current liabilities are $2,575, what are the current assets?

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Accounting Basics: What are the current assets

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Accounting Basics: What are the current assets

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