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What is dimmesdale donuts book value of company

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Problem 1: Dimmesdale Donuts installed a new deluxe donut decorating device for $8 million. That was four years ago. Today, the deluxe donut decorating device could be sold for $6.9 million. The current statement of financial position shows Dimmesdale Donuts's has current assets of $2 million, fixed assets of $3.5 million, and $365200 of cash. The company would receive $1.8 million cash if all the current assets were liquidated today. What is Dimmesdale Donuts' book value of the company's assets currently?

Reference no: EM132782507

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