1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
White raven [17]
3 years ago
14

Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a

building at a cost of $1,240,000 that is currently appraised at $1,440,000. The equipment originally cost $720,000 and is currently valued at $467,000. The inventory is valued on the balance sheet at $410,000 but has a market value of only one-half of that amount. The owner expects to collect 98 percent of the $225,200 in accounts receivable. The firm has $10,500 in cash and owes a total of $1,440,000. The legal problems are personal and unrelated to the actual business. What is the market value of this firm?
Business
1 answer:
Sladkaya [172]3 years ago
5 0

Answer:

Net market value of firm = $903,196

Explanation:

Items to determine the Market value of the firm are as below

 Item                                        Amount

Current value of building        $1,440,000

Current value of equipment    $467,000

Market value of inventory       $205,000

Cash in hand                            $10,500

98% of debtors                         $220,696

Less: Owings                           -<u>$1,440,000</u>

Net market value of firm        <u>$903,196</u>

You might be interested in
If Hawkins Manufacturing purchased $13,000 in metal, $6,000 in cloth, and $2,000 in cleaning supplies, the Raw Materials Invento
laila [671]

Answer:

The Raw Materials Inventory would have B : debits equaling $19,000

Explanation:

Raw materials are used in a multitude of products. Raw Materials Inventory is the total costs of all components currently in stock that have not yet been used in finished goods production or work-in-process.

Hawkins Manufacturing purchased $13,000 in metal, $6,000 in cloth, and $2,000 in cleaning supplies, the Raw Materials Inventory includes metal and cloth and increases: $13,000 + $6,000 = $19,000

The Raw Materials Inventory would have debits equaling $19,000

6 0
3 years ago
4. Morale is a term used to describe an organization’s job satisfaction. Discuss in your own words how morale can decline in an
kherson [118]

Answer:

  1. If employees feel that their careers are not advancing at the pace they want or if they are stagnated then morale strongly diminish.
  2. If people are given promotions for having extra job relationships with bosses but not based on performance morale would decline
  3. If the company falls to comply with law requirements or become a non value actor to the comunity then morale diminish.

Explanation:

5 0
3 years ago
When an advertiser is in the process of creating an ad and debates whether to run the ad on television or in print, the advertis
Natasha_Volkova [10]

When an advertiser is in the process of creating an ad and debates whether to run the ad on television or in print, the advertiser is deciding on which <u>medium</u> to use.

Mass media simply means the array of media technologies that can be used to reach out to people. There are several mediums to reach out to people such as television, radio, newspapers, etc.

Since the advertiser wants to create an advertisement is deciding whether to run the ad on television or in print, then the person is deciding on the medium to use.

Read related link on:

brainly.com/question/25542005

7 0
3 years ago
Which transaction has no effect on owners equity
Alexxx [7]
Is there a set of answers that's suppose to go with this questions? If so, could you put them please? 
5 0
4 years ago
Read 2 more answers
Your professor hands you a piece of paper with the number 75 on it and tells you this is your current average in the class. Sinc
zzz [600]

Answer:

Your professor hands you a piece of paper with the number 75 on it and tells you this is your current average in the class. Since this is your fourth year as a college student, you know you could work hard to bring that average up to a B by the end of the semester. This is data.

D. data

Explanation:

To understand what data is, consider the explanation below;

1. Data: data is a piece of raw information that can be converted to useful information. They are facts and statistics usually derived from observations and study that once processed and analysed, useful information can be extracted from it. Data can be analysed in different ways depending on the expected results. In the modern age, data is very important since they provided a factual basis for theories. Data can be processed manually or through the use of software applications.

An example of data is the score that the professor gave you which is 75, this score implies a specific grade ranking. This data was useful to you, since you analysed it and came to the conclusion that by working hard you can average this score up to a B by the end of the semester. The process through which you took the data which is 75, analysed it by comparing it to the grading system and coming to a conclusion is an example of data processing.

3 0
3 years ago
Other questions:
  • If the interest rate is above the equilibrium value, the: a) demand for real balances exceeds the supply. b) supply of real bala
    14·1 answer
  • When is audio conferencing most successful?
    10·2 answers
  • If interest rates in general were to fall, 1. the prices of existing bonds would rise 2. the prices of existing bonds would fall
    7·1 answer
  • 8(x+1)-7= 9(x-3) -x+1<br>how do I solve X?​
    15·1 answer
  • When should a business be considered too powerful? *
    11·1 answer
  • Jason sent an email to his mother, "Ur never going 2 believe this. That prof gave me no credit for my paper. I h8 him." (with em
    12·1 answer
  • A methods and measurements analyst needs to develop a time standard for a certain task. In a preliminary study, he observed one
    13·1 answer
  • NCD Company wants to expand into the LatinX market. It has the financial resources, wants to control business operations, and ha
    10·1 answer
  • Which manmade fiber is easy care
    14·1 answer
  • At an activity level of 3,000 units, North Corporation's total variable cost is $15,000 and its total fixed cost is $20,000. For
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!