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Using the asset-based model calculate the value of equity (adjusted equity). Cash $5,000 Accounts payable Account receivable 10,000 Notes payable Inventory 12,000 Bonds Net fixed

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Using the asset-based model calculate the value of equity (adjusted equity). Cash $5,000 Accounts payable Account receivable 10,000 Notes payable Inventory 12,000 Bonds Net fixed assets 22,000 $8,000 12,000 10.000 Bonds market value is 110% of book value Market value of inventory is $5,000 $ 11,000 $ 19,000 $ 27,000 $ 18,000 nonce

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