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Based on the worksheets, identify the following: a. What is Qualitys debt value? Provide the letter and number values. Show ALL work below. b. What is Qualitys equity value? Provide the letter and number values. Show ALL work below. c. What is Qualitys total asset value? Provide the letter and number values. Show ALL work below. d. Based on the companys values identified in question #2, if Quality was sold tomorrow, what would B&B receive for their company if they want to sell or get out tomorrow?

\begin{tabular}{|l|l|l|} \hline B & & Worksheet Name: \\ \hline \end{tabular} Assets Current Assets: \begin{tabular}{|l|r|r|} \hline Cash & & $203,115.25 \\ \hline Accounts Receivable & $79,530.40 & \\ \hline Allowance of doubtful accounts & $7,750.00 & \\ \hline Net Receivable & & $71,780.40 \\ \hline \end{tabular} Merchandise Inventory Prepaid Expenses Total Current Assets $159,878.20 $7,313.65 Fixed Assets: Intangible Assets: Long-Term Liabilities: \begin{tabular}{l|l} B & Worksheet Name: \end{tabular} Revenue (Gross Sales) $1,812,247.30 Cost of Goods Sold: Operating Expenses: \begin{tabular}{|l|r|r|} \hline Salaries and Wages & $608,854.65 & \\ \hline Advertising & $49,481.35 & \\ \hline Shipping an d Transportation & $38,774.55 & \\ \hline Depreciation: Warehouse \& Product Repairs & $23,401.15 & \\ \hline Total Selling and Shippping Expenses & & $720,511.70 \\ \hline \end{tabular} Administration Expenses

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