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