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A firms accounting balance sheet is provided below. It has no surplus cash or marketable securities. It has 200 shares outstanding and its share price
A firms accounting balance sheet is provided below. It has no surplus cash or marketable securities. It has 200 shares outstanding and its share price is $15. What is the estimate of its enterprise value?
Assets | Liabilities & Equity |
Cash and marketable securities $60 | Accounts payable $270 |
Accounts receivable $340 | Accrued expenses $140 |
Inventory $500 | Short-term debt $300 |
Net PP&E $3,000 | Long-term debt $1,400 |
| Shareholder equity $1,790 |
Total $3,900 | Total $3,900 |
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