Question: Can you please explain why A is correct and what formula you used? 41) The What-Not shop owns the building in which it is located,

Can you please explain why A is correct and what formula you used?

41) The What-Not shop owns the building in which it is located, This building initially cost $647,000 and is currently "praised at $819.00u. The fixtures originally cost $148,000 and are currently valued at $65,000. The inventory has a Book value of $319,000 and a market value equal to 1. I times the book value. The shop expects to collect 96 percent of the shop's equity? the $21,700 in accounts receivable. The shop has $26,800 in cash and total debt of $414,700. What is the market value of A) $867,832 B) $900,166 C) $695,832 D) $775,632 E) $1, 190,332

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