Hello, Thank you for any and all help you give! I am in a Finance and Value Crea

Question

Hello,

Thank you for any and all help you give!

I am in a Finance and Value Creation course. I am using this textbook:

Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2014). Corporate finance: Core principles and applications (4th ed.). New York, NY: McGraw-Hill. ISBN: 9780077861650.

I am stuck on this problem, I need to know what sums to add/subtract to get the

(1) CASH

Err:520 (EXCEL FORMULA: B? + B? - B? - B?)

CHAPTER 18: PROBLEM 2 Net Worth $13,205 Long-term Debt $8,200 Net Working Capital (Excluding Cash) $3,205 Fixed Assets $17,380 Current Liabilities $1,630 Cash =

Err:520 (EXCEL FORMULA: B? + B? - B? - B?)

Explanation / Answer

Note : Current Liability is already considered in Working Capital therefore

Cash = Net Worth + Long ter Debt - Net Working Capital (Excluding Cash) - Fixed Assets

Net Worth [a] $13,205 Long-term Debt [b] $8,200 Net Working Capital (Excluding Cash) [c] $3,205 Fixed Assets [d] $17,380 Current Liabilities [e] $1,630 Cash = [a+b-c-d] [f] $820

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