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What is the market value of these assets

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Question: In the Mask Mania, Inc.'s balance sheet lists net fixed asset as $25 million. The fixed assets could currently be sold for $20 million. Mask Mania's current balance sheet shows current assets of $12 million and current liabilities of $7 million. If all the current accounts were liquidated today, the company would receive $8 million cash after paying the $7 million in liabilities. What is the book value of Mask Mania's assets today? What is the market value of these assets?

Reference no: EM133553332

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