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Business, 26.03.2020 21:02 nakyrabrown15
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $5.4 million. The machinery can be sold to the Romulans today for $7.6 million. Klingon's current balance sheet shows net fixed assets of $4.2 million, current liabilities of $850,000, and net working capital (NWC) of $144,000. If all the current accounts (assets and liabilities) were liquidated today, the company would receive $965,000 cash. What is the sum of the market value of NWC and the market value of fixed assets?
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Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $5.4 million. The machin...
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