The top management at Amore Corp,a manufacturer of computer games,is attempting to recover from a flood that destroyed some of their accounting records.The main computer system was also severely damaged.The following information was salvaged:

What is the value of the operating assets belonging to the Alpha Division (b)?
A)$12,500,000
B)$21,153,846
C)$26,923,077
D)$1,820,000

Question

The top management at Amore Corp,a manufacturer of computer games,is attempting to recover from a flood that destroyed some of their accounting records.The main computer system was also severely damaged.The following information was salvaged:

What is the value of the operating assets belonging to the Alpha Division (b) ?

What is the value of the operating assets belonging to the Alpha Division (b)?
A)$12,500,000 
B)$21,153,846 
C)$26,923,077 
D)$1,820,000

Quizplus · Accepted Answer

Operating assets = $5,500,000 / 0.26 = $21,153,846

The Top Management at Amore Corp,a Manufacturer of Computer Games,is