University of Wisconsin, Green BayBUS ADM 343-004  Saunders Corp

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University of Wisconsin, Green BayBUS ADM 343-004 

Saunders Corp. has a book net worth of $5,600. Long-term debt is $1,150. Net working capital, other than cash, is $1,450. Fixed assets are $1,400 and current liabilities are $750.

Required:(a)How much cash does the company have? 

4,650

5,350

4,200

4,790

4,510

(b)What is the value of the current assets? 

6,850

2,200

6,713

7,192

6,508