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What is the minimum value it can sell

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Question - Mommy Hai-dee, Inc. as of year-end of 2019 has a Total Working Capital of Php 3,000,000.00 and with a Current ratio of 2:1. Non-current asset balance is Php 2,000,000.00 comprised of Fixed Asset. There is no long term debt with debt ratio of only 0.25:1. Using Book Value Method, what is the minimum value it can sell the 15% of the business?

Reference no: EM133123733

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