Homework Answers
Net Working Capital = Current Assets - Current Liabilities
=> Current Assets = Net Working Capital + Current Liabilities
Current Liabilities = $14 million
Net working capital = $13 million
Current Assets at book Value = 13 + 14 = $27 Mn
Current Account at market Value = $8.10 Mn
Current Assets at market Value = market value of current account + Current Liabilities = 8.10 + 14 = $22.10 Mn
Book Value of Fixed assets = $31 Mn
Fixed assets' Market value = $53 Mn
| Book Value | Market Value | |
| Current assets | $ 27.00 | $ 22.10 |
| Fixed assets | $ 31.00 | $ 53.00 |
| total | $ 58.00 | $ 75.10 |
Please comment if you need any further help.
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