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Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a building at a cost

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Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a building at a cost of $1.210,000 that is currently appraised at $1,410,000. The equipment originally cost $690,000 and is currently valued at $437000. The inventory is valued on the balance sheet at $380,000 but has a market value of only one-half of that amount. The owner expects to collect 98 percent of the $210,200 in accounts receivable. The firm has $10.200 in cash and owes a total of $1.410,000. The legal problems are personal and unrelated to the actual business. What is the market value of this firm? 0 Multiple Choice $1,623,396 627000 $1,623,396 $627000 $1,033,196 $1,243,396 $843,196

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