Review the below email from Emmanuel, download the information from the 'Additional Resources' section and email him back, providing an estimate of the valuation and explaining your methodology. You should also submit your spreadsheet workings below.

Email:

Hello

As you know, IDC has decided to enter its Australian transport division, IDC Logistics (a separate entity) into voluntary administration.

I would like you to help us with assessing the range of assets the division owns and demonstrate the best sale method for these assets. You will need you to research different ways in which assets can be sold to achieve the highest return. This requires a commercial mindset to ensure the best returns are achieved for IDC and any creditors.

Please note, some of the assets will not yield a high enough return to sell and can be disposed of for nil cost. You will need to consider the cost of selling each asset (time and effort) to make this judgement.

I have attached a template, so you can document the expected sale price, method of sale and any other information you think is necessary. There is a tab in the spreadsheet that outlines some of the sales channels we regularly use in projects such as this. Hopefully this helps your analysis.

Here is a list of the assets which have been identified (there are some further comments in the spreadsheet):

• Prime mover Fleet (x6)
• Trailers (x10)
• Fuel store (20,000L)
• Generators (x3)
• 1996 Toyota Camry
• Coffee machine
• Fridge (almost new)
• Microwave
• Stationary (approx. value $200)
• Office fit out
• Leased premises
• Trade Debtors ($50,000)

Kind regards

Emmanuel