Question
Use the following information for Questions 12-14: Jill Co. Reports the following balance sheet information: balance sheet: cash:12000 inventory:41000 accounts receivable:80000 current assets:133000 land:35000 buildings:612000
Use the following information for Questions 12-14:
Jill Co. Reports the following balance sheet information:
balance sheet:
cash:12000
inventory:41000
accounts receivable:80000
current assets:133000
land:35000
buildings:612000
equipment:84000
total assets:864000
accounts payable:36000
notes payable:21000
current liabilities:57000
long term debt:121000
total laibilities:178000
owners equity/net worth:686000
total liabilities and equity:864000
market values: land: 150,000 buildings: 750,000. equipment: 35000
- What is the book value of Jill Co.s assets?
- For valuation purposes, what is the tangible asset value of Jill Co.
- Presume that the A/R should be valued at 75% of their book value, what would be the change in the Jill Co. valuation?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Dimensions Of Marketing Decisions
Authors: David W. Stewart
1st Edition
3030155641,303015565X
