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Market value versus book value Muffins Masonry In's balance sheet lists net fixed assets as $14 million. The fixed assets could currently be sold for
Market value versus book value Muffins Masonry In's balance sheet lists net fixed assets as $14 million. The fixed assets could currently be sold for $19 million. Muffins current balance sheet shows current liabilities of $5.5 million and net working capital of $4.5 million. If all the current accounts were liquidated today, the company would receive $7.25 million cash after paying the $5.5 million in current liabilities. What is the book valueMuffins Masonry's assets today? What is the market value of these assets?
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