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Help Save Exit Kimbo Widgets Inc. purchased new cloaking machinery three years ago for $12 million. The machinery can be sold to the Rimalons today
Help Save Exit Kimbo Widgets Inc. purchased new cloaking machinery three years ago for $12 million. The machinery can be sold to the Rimalons today for $10.8 million, Kimbo's current statement of financial position shows net fixed assets of $10.0 million, current liabilities of $083 million, and networking capital of $390,000. If all the current assets were liquidated today, the company would receive 5124 million cash. (Do not round intermediate calculations. Enter the answers in dollars, not millions of dollars, L. 1,234,567. Omits sign in your response.) What is the book value of Kimbo's total assets today? Total asset book value $ What is the market value? Total asset market value
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