Based on the worksheets, identify the following:

a. What is Qualitys debt value? Provide the letter and number values. Show ALL work below.

b. What is Qualitys equity value? Provide the letter and number values. Show ALL work below.

c. What is Qualitys total asset value? Provide the letter and number values. Show ALL work below.

d. Based on the companys values identified in question #2, if Quality was sold tomorrow, what would B&B receive for their company if they want to sell or get out tomorrow?

B Worksheet Name: Revenue [Gross Sales] Cost of Goods Sold: \begin{tabular}{l|lr|} \hline Merchandise Inventory: Jan 1st, 2020 & $ & 104,155.15 \\ \hline Merchandise Purchases & $ & 463,975.45 \\ \hline Goods Available for Sale & & \end{tabular} Merchandise Inventory: Dec 31 st, 2020 Total Cost of Goods Sold [] GROSS PROFIT [0] DperatingEypenses: \begin{tabular}{l|r|r|} \hline Salaries and Wages & $ & 608,854.65 \\ \hline Advertising & $ & 49,481.35 \\ \hline Shipping and Transportation & $ & 38,774.55 \\ \hline Depreciation: Warehouse 8 Product Repairs & $ & 23,401.15 \\ \hline Total Selling and Shippping Expenses & \end{tabular} Administration Eypenses: \begin{tabular}{l|r|r|} Salaries and Wages & $ & 331,151.15 \\ \hline Supplies & $ & 18,150.35 \\ \hline Utilities & $ & 38,100,05 \\ \hline Depreciation: Orfice Equipment & $ & 9,580.35 \\ Interest Expenses & $ & 15,990.90 \\ Miscellaneous ExpensesiBusiness Meetings & $ & 9,948.30 \\ otal Administration Expenses & & \\ [Q] \end{tabular} TOTAL DPERATING EXPENSES [P] Operating Income (Income Before Taues) [S] Income Tanes [Cumulative] HET IHCDHE [FIHAL] [T] Current Assets: \begin{tabular}{lll|l} Cash & & $ & 203,115.25 \\ Accounts Receivable & $ & 79,530.40 \\ \hline Allowance of doubtful accounts & $ & 7,750.00 \\ \hline & & \end{tabular} \begin{tabular}{|lrr|} \hline Merchandise Inventory & $ & 159,878.20 \\ \hline Prepaid Expenses & $ & 7,313.65 \\ \hline Total Current Assets & & \\ \hline \end{tabular} Fined Assets: \begin{tabular}{l|cc|} \hline PropertyrLand & & $ \\ Building and Tools & $ & 264,200.00 \\ Accumulated Depreciation & $ & 117,210.50 \\ & $102,280.70 \\ Kitchen Equipment & $ & 91,850.60 \\ Bathroom Equipment & $ & 29,225.00 \\ Accumulated Depreciation: Kitchen Equip & $ & 23,650.00 \\ Accumulated Depreciation: Bathroom Eq. & $ & [C] \\ \hline Total Fized Assets & [E] \end{tabular} Intangible Assets: \begin{tabular}{l|l|l|l|} \hline Patent Designs & $ & 4,621.85 & \\ \hline TrademarkstCopyrights & $ & 2,100.45 & \\ \hline Total Intangible Assets & & & \\ \hline [T] & & \\ \hline \end{tabular} Liabilities CurrentLiabilities: \begin{tabular}{|l|r|r|r|} \hline Accounts Payable & $ & 121,879.40 & \\ \hline Contingent Wages & $ & 49,600.55 & \\ \hline Tanes Payable & $ & 58,730.20 & \\ \hline \multicolumn{1}{|l|}{ Total Current Liabilities } & & & \\ \hline \end{tabular} Long-TermLiabilities: MachinePayable,Due2020RawMaterialsEnviroPayable,Due2020$$122,441.1021,995.80 Vehicles and Maintenance, Due 2020$54,755.30 Total Long-Term Liabilities [I] TOTAL LIABILITIES [J] Owners' Equity; Additional Paid-In Captital Retained Earnings Total Owners" Equitg [K] TOTAL LIABILITIES AND OWNER5" EQUITY [L]