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total asset book value= total asset market value= Kimbo Widgets Inc. purchased new cloaking machinery four years ago for $12 million. The machinery can be

total asset book value=
total asset market value= image text in transcribed
Kimbo Widgets Inc. purchased new cloaking machinery four years ago for $12 million. The machinery can be sold to the Rimalons today for $11.2 million, Kimbo's current statement of financial position shows net fixed assets of $9.2 million, current liabilities of $0.82 million, and net working capital of $280,000. If all the current assets were liquidated today, the company would receive $115 million cash. (Do not round intermediate calculations. Enter the answers in dollars, not millions of dollars, i.e. 1,234,567 Omit $ sign in your response.) What is the book value of Kimbo's total assets today? Total asset book value What is the market value? Total asset market value $

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