How much is the book value of argentum company

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Reference no: EM132993525

Argentum Company's Balance sheet accounts as of December 31, 2021 are as follows:

Current Assets amounted to 1,080,000,

Non-current assets amounted to 2,350,000;

Current Liabilities amounted to 420,000 and

Non-current Liabilities amounted to 900,000.

The owners of Argentum are looking at how much they can sell the company. They are assessing how much is the range of the firm value based on company assets. A third-party appraisal was made for Non-current assets which included the following findings: building with book value of 1,000,000 has a market value of 1,500,000. The remaining portion is for equipment which was deemed can be replaced at 80% of its book value. Current assets and liabilities approximate their replacement values.

Problem 1: How much is the book value of Argentum Company?

Problem 2: How much is the replacement value of Argentum Company?

Problem 3: How much is the replacement cost of Non-Current Assets of Argentum Company?

Reference no: EM132993525

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