Business, 23.03.2020 17:02 nockturnal1993

A delivery company purchased a bunch of new trucks three years ago for $6 million. These trucks can be sold today for $5.3 million. The delivery company's current balance sheet shows net fixed assets of $3.2 million, current liabilities of $900,000, and net working capital of $215,000. If all the current assets were sold today and converted into cash, the delivery company would receive $1.25 million.

Calculate the book value of the delivery company's total assets today.

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A delivery company purchased a bunch of new trucks three years ago for $6 million. These trucks can...

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