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Business, 05.11.2019 04:31 Kianaxo

Recently, the owner of martha's wares encountered severe legal problems and is trying to sell her business. the company built a building at a cost of $1,230,000 that is currently appraised at $1,430,000. the equipment originally cost $710,000 and is currently valued at $457,000. the inventory is valued on the balance sheet at $400,000 but has a market value of only one-half of that amount. the owner expects to collect 99 percent of the $220,200 in accounts receivable. the firm has $10,400 in cash and owes a total of $1,430,000. the legal problems are personal and unrelated to the actual business. what is the market value of this firm?

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