Below is what I have available to solve current assets. I would like to solve how much cash is available to the company as well.

Question

How much cash does the company have? If the current liabilities are $2,575, what are the current assets?
• Net worth $17800
• Long-term debt $6900
• Net working capital $1600
• Fixed Assets $21300
• Current liabilities $2575

When calculating cash...use net worth, long-term debt, net working capital (excluding cash) and fixed assets.

Thanks!

Answer 1

Where is the answer.