Peeples, Inc., has a book value of equity of $13,500. Long-term debt is $7,700. Net working capital, other than cash, is $1,990.

Question

3 years ago

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Peeples, Inc., has a book value of equity of $13,500. Long-term debt is $7,700. Net working capital, other than cash, is $1,990.

Fixed assets are $18,450 and current liabilities are $1,670.
A) How much cash does the company have? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

B)What is the value of the current assets? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Business

1 answer:

Reil [10] · Answer 1 · 2022-05-19T06:29:27+03:00

Reil [10]3 years ago

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