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Question 4 11.11 pts Wing Air, Inc. has equipment with a book value of $500 that could be sold today at a 50% discount. Its inventory is valued at $450 and could be sold to a competitor for that amount. The firm has $100 in cash and customers owe it $250. What is the accounting value of its liquid assets? $300.00 $1,050.00 $575.00 O $800.00

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Answer #1
Particulars $
Cash 100
Customer Owe ( Account Receivable) 250
Value of Inventory 450
Accounting Value of Liquid Assets 800
Therefore, the right answer is option (d) $ 800
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