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13) Pier Imports has cash of $41,100 and accounts receivable of $54,200, all of which is expected to be collected. The inventory cost $82,300 and

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13) Pier Imports has cash of $41,100 and accounts receivable of $54,200, all of which is expected to be collected. The inventory cost $82,300 and can be sold today for $116,500. The balance sheet shows net fixed assets of $115,600. The fixed assets can be sold today for $138,000. What is the total book value of the firm's assets? E) $293.200 C) $412,100 A) $327,800 B) $415,600 D) $346,800 Question 14 4 pts 14) Holly Farms has sales of $509,600, costs of $448,150, depreciation expense of $36,100, and interest paid of $12,400. The tax rate is 28 percent. How much net income did the firm earn for the period? A) $9,324 B) $7.778 C) $5,886 D) $8,671 E) $10,380

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