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A biotech company has patents that have been valued by an IP attorney as together...

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Accounting

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A biotech company has patents that have been valued by an IP attorney as together worth $2,000,000 in current market value They also have equipment worth $200,000 at market rates Their balance sheet has a bank loan of $300.000, Without assuming any other information, what is the adjusted book value of equity in the business? Please show your work for full credit. (1 pts)

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