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Ricos rice ranch has cash of 18,600, accounts receivable of $34,500, accounts payable of 28,900, inventory of 97,800, long-term debt of 142,00, and net fixed

Ricos rice ranch has cash of 18,600, accounts receivable of $34,500, accounts payable of 28,900, inventory of 97,800, long-term debt of 142,00, and net fixed assets of 363,800. The firm estimates that if it wanted to cease operations today it could sell the inventory for 85,000 and the fixed assets for 349,000. The firm could collect 100% of its receivables as they are secured. What is the market value of the firms asserts? image text in transcribed
E1.28 11. Rico's Rice Ranch has cash of $18,600, accounts receivable of $34,500, accounts payable of $28,900, invento long-term debt of $142,000, and net fixed assets of $363,800. The firm estimates that if it wanted to cease operations today it could sell the inventory for secured. What is the market value of the firm's assets? (Chap 2) $85,000 and the fixed assets for $349,00 The could collect 100% of its receivables as they are A. $332,800 $458,200 $374,200 D. $495,500 $487,100

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