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27 Nimoy Inc, purchased their only fixed asset, a widget machine, four years ago for $7 million. The same machinery can be sold today to
27 Nimoy Inc, purchased their only fixed asset, a widget machine, four years ago for $7 million. The same machinery can be sold today to Shatner Inc. for $4.55 million Nimoy's current balance sheet shows net fixed assets of $3.55 million and current liabilities of $2 million. If all the current assets were liquidated today, the company would receive $165 million cash. Use the balance sheet identity to determine the current market value of Nimoy's total liabilities (current & long- term) given the market value of equity is $4,650,000. 8 01:02:04 (Click to select) (Click to select) 6,200,000 7,040,000 1,550,000 9,490,000 1,650,000
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