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Fairbanks Inc., purchased a new warehouse five years ago for $20 million. The warehouse can be sold today for $25 million. The balance sheet shows

Fairbanks Inc., purchased a new warehouse five years ago for $20 million. The warehouse can be sold today for $25 million. The balance sheet shows that the warehouse is worth $12 million, current liabilities are $8 million and net working capital is $6 million. If all of the current accounts were liquidated today, the company would receive $6 million. 


Calculate the market value of the assets. (Enter the number in millions, e.g., 5 million equals 5)

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