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Sammy's Masonry, Inc. balance sheet lists net fixed asset as $6.5 million. The fixed assets could currently be sold for $8 million. Sammy's current balance
Sammy's Masonry, Inc. balance sheet lists net fixed asset as $6.5 million. The fixed assets could currently be sold for $8 million. Sammy's current balance sheet shows current liabilities of $1.25 million and net working capital of $2.5 million. If all the current accounts were liquidated today, the company would receive $4.25 million cash after paying $1.25 million in liabilities. What is the market value of Sammy's Masonry's assets today?
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