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In the Wall Bricks, Inc.s balance sheet lists net fixed asset as $12 million. The fixed assets could currently be sold for $10 million. Wall
In the Wall Bricks, Inc.s balance sheet lists net fixed asset as $12 million. The fixed assets could currently be sold for $10 million. Wall Bricks current balance sheet shows current assets of $6 million and current liabilities of $3 million. If all the current accounts were liquidated today, the company would receive $4 million cash after paying the $1 million in liabilities. What is the book value of Wall Bricks assets today? What is the market value of these assets?
Book Value:_______ $ ; Market Value: $ ________
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