Kimbo $$Widgets $$Inc$.$purchased $$new $$cloaking $$machinery $$five $$years $$ago $$for $$$

$1$

$0$

$$million$.$The $$machinery $$can $$be $$sold $$to $$the $$Rimalons $$today $$for $$$

$9$

$.$

$1$

$$million$.$Kimbo$\text{'}$s $$current $$statement $$of $$financial $$position $$shows $$net $$fixed $$assets $$of $$$

$8$

$.$

$0$

$$million$,$current $$liabilities $$of $$$

$0$

$.$

$7$

$8$

$$million$,$and $$net $$working $$capital $$of $$$

$2$

$6$

$0$

$,$

$0$

$0$

$0$

$.$

$$If $$all $$the $$current $$assets $$were $$liquidated $$today$,$the $$company $$would $$receive $$$

$1$

$.$

$0$

$8$

$$million $$cash$.$

$($

Do $$not $$round $$intermediate $$calculations$.$Enter $$the $$answers $$in $$dollars$,$not $$millions $$of $$dollars$,$i

$.$

e

$.$

$1$

$,$

$2$

$3$

$4$

$,$

$5$

$6$

$7$

$.$

$$Omit $$$ $$sign $$in $$your $$response$.$

$)$

What $$is $$the $$book $$value $$of $$Kimbo$\text{'}$s $$total $$assets $$today$?$

Total $$asset $$book $$value

$

What $$is $$the $$market $$value$?$

Total $$asset $$market $$value

$