BFIN 3322- In the Wall Bricks, Inc.’s balance sheet lists net fixed asset
In the Wall Bricks, Inc.’s balance sheet lists net fixed asset as $6 million. The fixed assets could currently be sold for $5 million. Wall Bricks’ current balance sheet shows current liabilities of $1 million and current assets of $4 million. If all the current accounts were liquidated today, the company would receive million cash after paying the $1 million in liabilities. What is the book value of Wall Bricks’ assets today? What is the market value of these assets?
