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Tiger's Co. has equipment with a book value of $500 that could be sold today at a 50 % discount. Their inventory is valued at
Tiger's Co. has equipment with a book value of $500 that could be sold today at a 50 % discount. Their inventory is valued at $400 and could be sold to a competitor for that amount. The firm has $50 in cash and customers owe them $300. What is the accounting value of their liquid assets? Select one: O a. $700 b. $1,000 c. $750
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