Kligon widgets purchased machinery five years ago for, Ask an Expert

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kligon widgets purchased machinery five years ago for $5million. It can be sold today for $4.1 million. The balance sheet shows net fixed assets of $2.8 million, current kliabilities of $720000 and a net working capital of $217000. What is the bookvalue of their total assets and market value today?

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Category:- Accounting Basics
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