Balance sheet equation states that:
Assets, A = Liabilities, L + Equity, E => A=L+E
In the current case,
L = Long term debt + Current liabilities = $8,675+$1,865 = $10,540
E = $14,865
Therefore,
A = 14,865 +10,540 = $25,405
Now,
Current assets (excluding cash) = current liabilities+Net working capital, other than cash = $1,865+$2,315 = $4,180
Additionally,
A = Fixed assets+Current assets (excluding cash) + Cash
Therefore,
Cash = 25,405-20,660-4,180 = $565
This will be 2400 cause there is nothing in the ones place
I suspect this is what you mean, if let me know
2x(3)^2+x(2)^2
2(3)(9)+3(4)
54+12=66
32 is the answer to the problem
90
The correct Answer is B
