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The owner of Yoguu is trying to sell the business. The company built a building four years ago at a cost of $1.3 million. The
The owner of Yoguu is trying to sell the business. The company built a building four years ago at a cost of $1.3 million. The building is currently appraised at $1.1 million. The firm's equipment originally cost $1.2 million and is currently valued at $350,000. The inventory is listed on the statement of financial position at $550,000 but is only worth $755,000. The owner expects to collect 35 % of the $1250,000 in accounts receivable. The firm has $55,000 in cash and has total debt of $3750,000. What is the market value of this firm?
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