Savings for use as payroll and emergency funds

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Reference no: EM132002067

Firm XYZ sells calculators. It operates in a plant worth? $2,500,000 and maintains production equipment worth? $5,000,000. Currently, it has 175,000 calculators in reserved inventory that it plans to sell next month to retail stores for ?$60 each. Its board of directors has $1.62 million in government bonds and $115,000 in savings for use as payroll and emergency funds. In? addition, XYZ employs several workers whose collective worth in terms of skill and knowledge is equal to? $275,000.

The capital stock of firm XYZ is? $___. (Enter your response rounded to the nearest dollar.?)

Reference no: EM132002067

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