Calculate the operating and cash cycles. How do you interpret your answer?How much cash does the company have? What are current assets?
2. Cash Equation – Blitz Corp. has a book value of equity of $17,010. Long-term debt is $8,400. Net working capital, other than cash, is $2,150. Fixed assets are $22,430 and current liabilities are $2,260. How much cash does the company have? What are current assets? 6. Calculating Cycles – Consider the following financial statement […]