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Stutgart Einzelhandel has cash of 10 000 receivables of 31 250 and inventories of 27 445 In addition the firm has fixed assets of 125 000 Management has also told you that you can reasonably

Stutgart Einzelhandel has cash of €10 000, receivables of €31 250 and inventories of 
€27 445. In addition, the firm has fixed assets of €125 000. Management has also told 
you that you can reasonably expect to collect 91 per cent of the receivables, that the 
inventories could be sold to realise 85 per cent of their book value and that the sale of the property, plant and equipment would yield €96 100. What is the liquidation value 
of this company? Round to the nearest euro. 

Apr 16 2021 View more View Less

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