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Please show work. 1. (9 points) In the Wall Bricks, Inc.'s balance sheet lists net fixed asset as $10 million. The fixed assets could currently
Please show work.
1. (9 points) In the Wall Bricks, Inc.'s balance sheet lists net fixed asset as $10 million. The fixed assets could currently be sold for $8 million. Wall Bricks' current balance sheet shows current liabilities of $3 million and current assets of $6 million. If all the current accounts were liquidated today, the company would receive $4 million cash after paying the $3 million in liabilities. What is the book value of Wall Bricks' assets today? What is the market value of these assets? Book Value sMarket Valu
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