Question: Muffins Masonry, Inc.s balance sheet lists net fixed assets as $17 million. The fixed assets could currently be sold for $25 million. Muffins current balance

Muffins Masonry, Inc.s balance sheet lists net fixed assets as $17 million. The fixed assets could currently be sold for $25 million. Muffins 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 Muffins Masonrys assets today and the market value of these assets?

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