Figure 13-1 Bestor Travel Inc.Balance Sheet
Suppose you were fortunate on the timing of your property investment and the firm's property is now worth $750,000.An investor has offered you $100,000 for the patent.Further,some of the firm's inventory has become obsolete and is now worth only $180,000.
-Bestor Travel,Inc manufactures and sells high quality light weight luggage highly prized in the market for its style and durability.Use the information from Figure 13-1 and the Book value Plus Adjustment method to value the firm's equity.
A)$1,100,000
B)$1,200,000
C)$1,300,000
D)$1,400,000

Question

Figure 13-1 Bestor Travel Inc.Balance Sheet
  Suppose you were fortunate on the timing of your property investment and the firm's property is now worth $750,000.An investor has offered you $100,000 for the patent.Further,some of the firm's inventory has become obsolete and is now worth only $180,000.
-Bestor Travel,Inc manufactures and sells high quality light weight luggage highly prized in the market for its style and durability.Use the information from Figure 13-1 and the Book value Plus Adjustment method to value the firm's equity.
A)$1,100,000 
B)$1,200,000 
C)$1,300,000 
D)$1,400,000

Quizplus · Accepted Answer

The Answer of Figure 13-1 Bestor Travel Inc.Balance Sheet
  Suppose you were fortunate on the timing of your property investment and the firm's property is now worth $750,000.An investor has offered you $100,000 for the patent.Further,some of the firm's inventory has become obsolete and is now worth only $180,000.
-Bestor Travel,Inc manufactures and sells high quality light weight luggage highly prized in the market for its style and durability.Use the information from Figure 13-1 and the Book value Plus Adjustment method to value the firm's equity.
A)$1,100,000 
B)$1,200,000 
C)$1,300,000 
D)$1,400,000