2. 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. (Enter your answer in dollars, not millions of dollars, i. e. 1,234,567.) Book value of total assets $ Now, instead, calculate their market value. (Enter your answer in dollars, not millions of dollars, i. e. 1,234,567.) Market value of total assets $

Explanation:

a. The following can be deduced from the question:

Net Fixed Assets = $3,200,000

Current Liabilities = $900,000

Net Working Capital = $215,000

We'll then calculate the current assets which will be:

= Current Liabilities + Net Working Capital

= $900,000 + $215,000

= $1,115,000

Total Assets will then be:

= $1,115,000 + $3,200,000

= $4,315,000

b. Market Value of Current Assets = $1,250,000

Market Value of Net Fixed Assets = $5,300,000

The Market Value of Total Assets will now be:

= $1,250,000 + $5,300,000

= $6,550,000

answer; the cpi;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.