Alaris Spaceships has cash of $2,400 and accounts receivable of $5,700. The inventory cost $6,500 and can

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Alaris Spaceships has cash of $2,400 and accounts receivable of $5,700. The inventory cost $6,500 and can be sold today for $8,100. The fixed assets were purchased at a cost of $50,700 of which $24,500 has been depreciated. The fixed assets can be sold today for $23,300. What is the total book value of the assets of Alaris?
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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Intermediate Accounting

ISBN: 978-0324659139

11th edition

Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones

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