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 $1,150,000 that is currently appraised at $1,350,000. The equipment originally cost $630,000 and is currently valued at $377,000. The inventory is valued on the balance sheet at $320,000 but has a market value of only one-half of that amount. The owner expects to collect 99 percent of the $180,200 in accounts receivable. The firm has $11,600 in cash and owes a total of $1,350,000. The legal problems are personal and unrelated to the actual business. What is the market value of this firm

Lipman auto parts, a family-owned auto parts store, began january with $10,300.00 in cash. management forecasts that collections from credit customers will be $11,400.00 in january and $14,800.00 in february. the store is scheduled to receive $5,000.00 in cash on a business note receivable in january. projected cash payments include inventory purchases ($13,000.00 in january and $13,600.00 in february) and operating expenses ($2,700.00 each month). lipman auto parts' bank requires a $10,000.00 minimum balance in the store's checking account. at the end of any month when the account balance dips below $10,000.00, the bank automatically extends credit to the store in multiples of $1,000.00. lipman auto parts borrows as little as possible and pays back loans in quarterly installments of $2,000.00, plus 4 percent interest on the entire unpaid principal. the first payment occurs three months after the loan.