Saunders Corp. has a book net worth of $11,150. Long-term debt is $2,300. Net working...
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Finance
| Saunders Corp. has a book net worth of $11,150. Long-term debt is $2,300. Net working capital, other than cash, is $2,950. Fixed assets are $2,750 and current liabilities are $1,500. |
| Required: |
| (a) | How much cash does the company have? |
| (Click to select) 9,250 10,700 8,400 9,528 8,972 |
| (b) | What is the value of the current assets? |
| (Click to select) 13,015 4,450 14,385 13,426 13,700 |
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