Please help with this book and market value problem

[dwig7]

Pixie stick Inc. purchased a new pixie making machine two years ago for $3,600,000. This machine could be sold today to Willie Wonka for 2,197,000. Pixie Inc.'s current balance sheet shows net fixed assets of $1,763,748, current liabilities of $425,000 and net working capital of $650,000. If all the current assets were sold today Pixie Inc. would receive $984,000 in cash.

What is the book and market value of Pixie Inc.'s assets?

 

[Deleted member 4993]

Pixie stick Inc. purchased a new pixie making machine two years ago for $3,600,000. This machine could be sold today to Willie Wonka for 2,197,000. Pixie Inc.'s current balance sheet shows net fixed assets of $1,763,748, current liabilities of $425,000 and net working capital of $650,000. If all the current assets were sold today Pixie Inc. would receive $984,000 in cash.

What is the book and market value of Pixie Inc.'s assets?

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http://answers.yahoo.com/question/index ... 101AAdnRf1

http://learn-about-business.info/marketing.html

To start - please tell us the definitions of book value and market value

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