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2 . Your firm manufactures cars. Three years ago, your firm purchased a machine for $ 6 million. Unfortunately, you can only sell it for
Your firm manufactures cars. Three years ago, your firm purchased a machine for $ million. Unfortunately, you can only sell it for $ million today. Your firms balance sheet shows net fixed assets equal to $ million, current liabilities equal to $ and NWC equal to $ If current assets and current liabilities were sold in the market today, your firm would receive $ million in cash.
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