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cash equation: Sam's Corporation has equity value of $14,480. the long term debt is 9,970. net...

cash equation: Sam's Corporation has equity value of $14,480. the long term debt is 9,970. net working capital other then cash is 3,340. fixed assets are 12,840.

A. how much cash does the company have? if current Liabilities are 4,980.

B. what is the total current assets?

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Answer #1
12840 + current assets = $14480+9970+4980
12840 + current assets =29430
Current Assets =29430-12840
Current Assets =$16590
Net Working capital = current assets (other than cash)- current liabilities
3340 = current assets other than cash -4980
current assets other than cash =8320
Cash = 16590-8320
=$8270
Answers
A) cash balance = $8270
B) current Assets = $16590
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