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Muffin's Masonry, Inc

Finance

Muffin's Masonry, Inc.'s, balance sheet lists net fixed assets as $24.00 million. The fixed assets could currently be sold for $39.00 million. Muffin's current balance sheet shows current liabilities of $10.50 million and net working capital of $9.50 million. If all the current accounts were liquidated today, the company would receive $7.75 million cash after paying the $10.50 million in current liabilities. What is the book value of Muffin's Masonry's assets today and the market value of these assets?

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