Peak Corporation is undergoing financial difficulty and planning to liquidate assets. Based on its financial statements as of Y2022 total iabilities amount to Net sales is P10Million. Asset ratio is at 2.0. If the business will be liquidated total assets has a realizable value at 80%. Also. estimated liquidation expenses will be 200.000. 

How much is the liquidation value of Peak Corporation?

Answer rating: 100% (QA)

To calculate the liquidation value of Peak Corporation we need to deduct the ... View the full answer