UPENN: LOOSE LEAF CORP.FIN W/CONNECT
UPENN: LOOSE LEAF CORP.FIN W/CONNECT
17th Edition
ISBN: 9781260361278
Author: Ross
Publisher: McGraw-Hill Publishing Co.
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Chapter 26, Problem 2QP

Cash Equation Blizzard Corp. has a book value of equity of $14,750. Long-term debt is $8,300. Net working capital, other than cash, is $1,950. Fixed assets arc $20,730 and current liabilities are 51,930. How much cash docs the company have? What arc current assets?

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