Business, 02.09.2021 18:20 sweatsierra
Klingon Widgets, Incorporated, purchased new cloaking machinery three years ago for $7.6 million. The machinery can be sold to the Romulans today for $4.9 million. Klingon's current balance sheet shows net fixed assets of $2.8 million, current liabilities of $1.9 million, and net working capital of $460,000. If all the current assets and current liabilties were liquidated today, the company would receive $1.95 million cash.
Required:
a. What is the book value of klingons assets today?
b. What is the Market Value?
Answers: 2
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Klingon Widgets, Incorporated, purchased new cloaking machinery three years ago for $7.6 million. Th...
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