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Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a building at a cost
Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a building at a cost of $ that is currently appraised at $ The equipment originally cost $ and is currently valued at $ The inventory is valued on the balance sheet at $ but has a market value of only onehalf of that amount. The owner expects to collect percent of the $ in accounts receivable. The firm has $ in cash and owes a total of $ The legal problems are personal and unrelated to the actual business. What is the market value of this firm?
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