Question: Holt Heating and Cooling, Inc., has one Fixed Asset, which it purchased 5 years ago for $ 2 0 , 8 0 0 , 0

Holt Heating and Cooling, Inc., has one Fixed Asset, which it purchased 5 years ago for $20,800,000. So far, the company has taken a total of $10,800,000 in depreciation charges against the fixed asset, and a competitor has made a firm offer to purchase it for $12,800,000. The company's has $3,200,000 in Net Working Capital. If the company sold all of its Current Assets today, it would receive $5,200,000. The balance sheet shows $3,600,000 in Current Liabilities. By how much does the Market Value of the company's Total Assets exceed their Book Value?Holt Heating and Cooling, Inc., has one Fixed Asset, which it purchased 5 years ago for $20,800,000. So far, the company has taken a total of $10,800,000 in depreciation charges against the fixed asset, and a competitor has made a firm offer to purchase it for $12,800,000. The company's has $3,200,000 in Net Working Capital. If the company sold all of its Current Assets today, it would receive $5,200,000. The balance sheet shows $3,600,000 in Current Liabilities. By how much does the Market Value of the company's Total Assets exceed their Book Value?Holt Heating and Cooling, Inc., has one Fixed Asset, which it purchased 5 years ago for $20,800,000. So far, the company has taken a total of $10,800,000 in depreciation charges against the fixed asset, and a competitor has made a firm offer to purchase it for $12,800,000. The company's has $3,200,000 in Net Working Capital. If the company sold all of its Current Assets today, it would receive $5,200,000. The balance sheet shows $3,600,000 in Current Liabilities. By how much does the Market Value of the company's Total Assets exceed their Book Value?

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