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Your firm manufactures cars. Three years ago, your firm purchased a machine for $ 7 million. Unfortunately, you can only sell it for $ 5
Your firm manufactures cars. Three years ago, your firm purchased a machine for $ million.
Unfortunately, you can only sell it for $ million today. Your firms balance sheet shows net
fixed assets equal to $ million, current liabilities equal to $ and NWC equal to
$ If current assets and current liabilities were sold in the market today, your firm would
receive $ million in cash.
a pts What is the book value of your firms total assets today?
b pts What is the sum of the market value of NWC and the market value of fixed
assets?
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