The value of the firms equity based on the book value of


PrivCo Inc. is a small private firm with a book value of assets of $600 comma 000 and liabilities of $200 comma 000 . Its assets include property listed at a cost of $72 comma 000 but with a recently assessed market value of $120 comma 000 . In addition, PrivCo has $ 52 comma 000 of inventory that is entirely obsolete and has no liquidation value. Other assets are deemed to have liquidation values close to book values. Estimate the value of PrivCo's equity based on the "book value of equity plus adjustments" method.

The value of the firm's equity based on the "book value of equity plus adjustments" method is estimated to be.? (Round to the nearest dollar.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The value of the firms equity based on the book value of
Reference No:- TGS02358963

Expected delivery within 24 Hours