The top management at Amore Corp, a manufacturer of computer games, is attempting to recover from a flood that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

What is the value of the operating assets belonging to the Alpha Division (b)?
A) $12,500,000
B) $21,153,846
C) $26,923,077
D) $1,820,000

Question

The top management at Amore Corp, a manufacturer of computer games, is attempting to recover from a flood that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

What is the value of the operating assets belonging to the Alpha Division (b) ?

What is the value of the operating assets belonging to the Alpha Division (b)?
A) $12,500,000 
B) $21,153,846 
C) $26,923,077 
D) $1,820,000

Quizplus · Accepted Answer

Operating assets = $5,500,000 / 0.26 = $21,153,846

The Top Management at Amore Corp, a Manufacturer of Computer