Glo's Glasses Balance Sheet Lists Net Fixed Assets as $20

question 119

Multiple Choice

Glo's Glasses balance sheet lists net fixed assets as $20 million. The fixed assets could currently be sold for $25 million. Glo's current balance sheet shows current liabilities of $7 million and net working capital of $3 million. If all the current accounts were liquidated today, the company would receive $9 million cash after paying $7 million in liabilities. What is the book value of Glo's assets today? What is the market value of these assets?

• A) $10 million, $16 million
• B) $10 million, $35 million
• C) $30 million, $35 million
• D) $30 million, $41 million

Comprehend the role of vision, mission, and values in guiding organizational strategies.

Identify the differences between emergent and intended strategies.

Explain the strategic significance of environmental scanning and SWOT analysis.

Understand the concept of mergers, acquisitions, and their strategic implications.