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Muffin's Masonry, Inc.'s balance sheet lists net fixed assets as $17 million. The fixed assets could currently be sold for $25 million. Muffin's current balance
Muffin's Masonry, Inc.'s balance sheet lists net fixed assets as $17 million. The fixed assets could currently be sold for $25 million. Muffin's current balance sheet shows current liabilities of $7.0 million and net working capital of $6.0 million. If all the current accounts were liquidated today, the company would receive $7.40 million cash after paying the $7.0 million in current liabilities. What is the book value of Muffin's Masonry's assets today and the market value of these assets? (Enter your answer in millions of dollars rounded to 2 decimal places.) BOOK VALUE MARKET VALUE in millions of dollars) Current assets Fixed assets Total 0.00 0.00
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