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Big Farm Equipment, Inc. purchased new machinery three years ago for $6 million. The machinery can be sold today for $4.5 million. The company's current

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Big Farm Equipment, Inc. purchased new machinery three years ago for $6 million. The machinery can be sold today for $4.5 million. The company's current balance sheet shows net fixed assets of $3.9 million, current liabilities of $1.4 million, and networking capital of $475,000. If all the current assets of the company were liquidated today, the company would receive $1.2 million cash. What is the market value of the firm's assets? Multiple Choice $7,200,000 $9,900,000 $5,700,000 $6,475,000

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