![10. Calculating Total Cash Flows IL04| Given the information for Kerbers Tennis Shop, Inc., in Problems 8 and 9, suppose you also know that the firms net capital spending for 2018 was $1,250,000 and that the firm reduced its net working capital investment by $45,000. What was the firms 2018 operating cash flow, or OCF? INTERMEDIATE (Questions 11-19) 11. Market Values and Book Values LO1] Klingon Widgets, Inc., purchased new cloaking machinery three years ago for S6 million. The machinery can be sold to the Romulans today for S5.1 million. Klingons current balance sheet shows net fixed assets of $3.4 million, current liabilities of $895,000, and net working capital of $235,000. If the current assets and current liabilities were liquidated today, the company would receive a total of S1.15 million cash. What is the book value of Klingons total assets today? What is the sum of the market value of NWC and the market value of fixed assets?](http://img.homeworklib.com/questions/7993a620-710c-11ea-9ddb-994319e5b82a.png?x-oss-process=image/resize,w_560)
Homework Answers
Book value of total assets: $4.53 million
| Book value of fixed assets | 3,400,000 |
| Book value of current assets | 1,130,000 |
| ($895000 + $235000) | |
| Book value of total assets $ | 4,530,000 |
Sum of market value of NWC and market value of fixed assets: $6.25 million
| Market value of NWC | 1,150,000 |
| Market value of fixed assets | 5,100,000 |
| Total market value $ | 6,250,000 |
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10. Calculating Total Cash Flows IL04| Given the information for Kerber's Tennis Shop, Inc., in Problems...
INTERMEDIATE (Questions 13-22) LO 1 13. Market Values and Book Values Klingon Widgets, Inc., purchased new...
INTERMEDIATE (Questions 13-22) LO 1 13. Market Values and Book Values Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $4.6 million. Klingon's current balance sheet shows net fixed assets of $3.15 million, current liabilities of $830,000, and net working capital of $210,000. If all the current accounts were liquidated today, the company would receive $950,000 in cash. What is the book value of Klingon's total...
Market Values and Book Values [LO1] Klingon Widgets, Inc., purchased new cloaking machinery three years ago...
Market Values and Book Values [LO1] Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $5.1 million. Klingon’s current balance sheet shows net fixed assets of $3.4 million, current liabilities of $895,000, and net working capital of $235,000. If the current assets and current liabilities were liquidated today, the company would receive a total of $1.15 million cash. What is the book value of Klingon’s total...
Klingon Cruisers, Inc., purchased new cloaking machinery four years ago for $12 million. The machinery can...
Klingon Cruisers, Inc., purchased new cloaking machinery four years ago for $12 million. The machinery can be sold to the Romulans today for $11.2 million. Klingon's current balance sheet shows net fixed assests of 9.2 million, current libabilities of $820,000, and net working capital of $222,000. If all the current account were liquidated today, the company would receive $1.04 million cash. what is the book value of Klingon's total assets today? What is the sum of the market value of...
Klingon Cruisers, Inc., purchased new cloaking machinery three years ago for $9 million. The machinery can...
Klingon Cruisers, Inc., purchased new cloaking machinery three years ago for $9 million. The machinery can be sold to the Romulans today for $8.2 million. Klingon's current balance sheet shows net fixed assets of $6.1 million, current liabilities of $740,000, and net working capital of $218,000. If all the current accounts were liquidated today, the company would receive $1 million cash. a. What is the book value of Klingon's assets today? (Do not round intermediate calculations and enter your answer...
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Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.8 million. The machinery can be sold to the Romulans today for $7 million. Klingon's current balance sheet shows net fixed assets of $3.6 million, current liabilities of $790,000, and net working capital of $138,000. If all the current accounts were liquidated today, the company would receive $905,000 cash. a. What is the book value of Klingon's total assets today? (Do not round intermediate calculations and enter your answer...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.6 million. The machinery can...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.6 million. The machinery can be sold to the Romulans today for $6.8 million. Klingon's current balance sheet shows net fixed assets of $3.4 million, current liabilities of $770,000, and net working capital of $136,000. If all the current accounts were liquidated today, the company would receive $885,000 cash. What is the book value of Klingon's total assets today? (Enter your answer in dollars, not millions of dollars, e.g...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.4 million. The machinery can...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.4 million. The machinery can be sold to the Romulans today for $6.6 million. Klingon's current balance sheet shows net fixed assets of $3.2 milion, current liabilities of $750,000, and net working capital of $134,000. If all the current accounts were liquidated today, the company would receive $865,000 cash. What is the book value of Klingon's total assets today? (Enter your answer in dollars, not millions of dollars,e.g 1,234,567....
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.7 million. The machinery can...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.7 million. The machinery can be sold to the Romulans today for $6.9 million. Klingon’s current balance sheet shows net fixed assets of $3.5 million, current liabilities of $780,000, and net working capital of $137,000. If all the current accounts were liquidated today, the company would receive $895,000 cash. What is the book value of Klingon’s total assets today? (Enter your answer in dollars, not millions of dollars, e.g.,...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $5.9 million. The machinery can...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $5.9 million. The machinery can be sold to the Romulans today for $8.1 million. Klingon’s current balance sheet shows net fixed assets of $4.7 million, current liabilities of $900,000, and net working capital of $149,000. If all the current accounts were liquidated today, the company would receive $1,015,000 cash What is the sum of the market value of NWC and market value of fixed assets?
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.9 million. The machinery can...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.9 million. The machinery can be sold to the Romulans today for $7.1 million. Klingon’s current balance sheet shows net fixed assets of $3.7 million, current liabilities of $800,000, and net working capital of $139,000. If all the current accounts were liquidated today, the company would receive $915,000 cash. What is the sum of the market value of NWC and market value of fixed assets?
INTERMEDIATE (Questions 13-22) LO 1 13. Market Values and Book Values Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $4.6 million. Klingon's current balance sheet shows net fixed assets of $3.15 million, current liabilities of $830,000, and net working capital of $210,000. If all the current accounts were liquidated today, the company would receive $950,000 in cash. What is the book value of Klingon's total...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.8 million. The machinery can be sold to the Romulans today for $7 million. Klingon's current balance sheet shows net fixed assets of $3.6 million, current liabilities of $790,000, and net working capital of $138,000. If all the current accounts were liquidated today, the company would receive $905,000 cash. a. What is the book value of Klingon's total assets today? (Do not round intermediate calculations and enter your answer...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.6 million. The machinery can be sold to the Romulans today for $6.8 million. Klingon's current balance sheet shows net fixed assets of $3.4 million, current liabilities of $770,000, and net working capital of $136,000. If all the current accounts were liquidated today, the company would receive $885,000 cash. What is the book value of Klingon's total assets today? (Enter your answer in dollars, not millions of dollars, e.g...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4.4 million. The machinery can be sold to the Romulans today for $6.6 million. Klingon's current balance sheet shows net fixed assets of $3.2 milion, current liabilities of $750,000, and net working capital of $134,000. If all the current accounts were liquidated today, the company would receive $865,000 cash. What is the book value of Klingon's total assets today? (Enter your answer in dollars, not millions of dollars,e.g 1,234,567....
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