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McConnell Corp. has a book value of equity of $13,480. Long-term debt is $8,750. Net working capital, other than cash, is $3,605. Fixed assets are $17,930 and current liabilities are $1,850.
Required:
a. How much cash does the company have?
b. What is the value of the current assets?
Answers: 3
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McConnell Corp. has a book value of equity of $13,480. Long-term debt is $8,750. Net working capital...
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