Business
Business, 18.11.2019 18:31, LigmaXD

If a company has the following: a company that was to be liquidated had the following liabilities: income taxes $ 10,000 notes payable secured by land 100,000 accounts payable 44,000 salaries payable ($16,000 for employee #1 and $4,000 for employee #2) 20,000 administrative expenses for liquidation 20,000 the company had the following assets: book value fair value current assets $100,000 95,000 land 50,000 75,000 building 150,000 200,000 total assets, available to pay liabilities with priority and unsecured creditors, are calculated to be what amount

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