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Dunder Mifflin purchased all of its fixed assets three years ago. These assets can be sold today for $2 millon. The current balance sheet shows
Dunder Mifflin purchased all of its fixed assets three years ago. These assets can be sold today for $2 millon. The current balance sheet shows net fixed assets of S2.500.000 and current assets of $2.100.000. If all the curent assets were liquidated today, the company would receive $1.9 million in cash. The book value of the total assets today is and the market value of those assets is Multiple Choice A)$6,500,000; $3,900,000 B)$5,000,000; $3,900,000, C)$4,600,000; $3,125,000 D)$5,000,000; $3,125,000
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