Question: Muffin s Masonry, Inc. s , balance sheet lists net fixed assets as $ 1 8 . 0 0 million. The fixed assets could currently

Muffins Masonry, Inc.s, balance sheet lists net fixed assets
as $18.00 million. The fixed assets could currently be sold for
$27.00 million. Muffins current balance sheet shows current
liabilities of $7.50 million and net working capital of $6.50
million. If all the current accounts were liquidated today, the
company would receive $7.45 million cash after paying the $7.50
million in current liabilities.What is the book value of Muffins Masonrys assets today and
the market value of these assets? (Enter your answers in millions
of dollars rounded to 2 decimal places.)
BOOK VALUE
MARKET
VALUECurrent assets
$
m
$
mFixed assets
m
mTotal
$
m
$
m

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