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What is the book value of Muffin Masonry assets today

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Question - Muffin's Masonry, Inc.'s balance sheet lists net fixed assets as $22 million. The fixed assets could currently be sold for $35 million. Muffin's current balance sheet shows current liabilities of $9.5 million and net working capital of $8.5 million. If all the current accounts were liquidated today, the company would receive $7.65 million cash after paying the $9.5 million in current liabilities. What is the book value of Muffin's Masonry's assets today and the market value of these assets?

Reference no: EM133027214

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