Pier Imports has $41,100 in cash and $54,200 in accounts receivable, which is expected to be collected in full. The inventory cost $82,300 and can be sold today for $116,500. Fixed assets were purchased at a total cost of $234,500 of which $118,900 have been depreciated. The fixed assets can be sold today for $138,000. What is the total book value of the company's assets?

Answer rating: 100% (QA)

Solution Working Notes Notes Total book value of the firms assets 293200 C... View the full answer