A new clocking machine was purchased 5 years ago for 5

Reference no: EM13396636

A new clocking machine was purchased 5 years ago for 5 million. the machinery can now be sold for 4.1 million. the current balance sheet shows net fixed assets of 2.8 million, current liabilities of $720000.if all is liquidated today, the firm would receive $99million.

What would the book value be today? what would the market value be if sold?

Reference no: EM13396636

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