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?
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
ACTUALLY WHENEVER, I DID THIS SUM EARLIER THERE ARE 2 QUESTIONS ASKED. (1) BOOK VALUE AND (2)MARKET VALUE
I HAVE GIVEN BOTH THE ANSWERS
THE MARKET VALUE = 9115000
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 $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?
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 sum of the market value of NWC and the market value of fixed assets?
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $12 million. The machinery can be sold to the Romulans today for $11 million. Klingon’s current balance sheet shows net fixed assets of $9 million, current liabilities of $800,000, and net working capital of $221,000. If all the current assets and current liabilities were liquidated today, the company would receive $1.03 million cash. a. What is the book value of Klingon’s total assets today? (Enter your answer in dollars,...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $12 million. The machinery can be sold to the Romulans today for $11 million. Klingon’s current balance sheet shows net fixed assets of $9 million, current liabilities of $800,000, and net working capital of $221,000. If all the current assets and current liabilities were liquidated today, the company would receive $1.03 million cash. a. What is the book value of Klingon’s total assets today? (Enter your answer in dollars,...
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 $4.3 million. The machinery can be sold to the Romulans today for $6.5 million. Klingon’s current balance sheet shows net fixed assets of $3.1 million, current liabilities of $740,000, and net working capital of $133,000. If all the current accounts were liquidated today, the company would receive $855,000 cash. What is the sum of the market value of NWC and market value of fixed assets? (Enter your answer in...
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 Widgets, Inc., purchased new cloaking machinery four years ago for $15 million. The machinery can be sold to the Romulans today for $14.2 million. Klingon’s current balance sheet shows net fixed assets of $12 million, current liabilities of $880,000, and net working capital of $225,000. If all the current assets and current liabilities were liquidated today, the company would receive $1.07 million cash. a. What is the book value of Klingon’s total assets today? (Enter your answer in dollars,...
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $5.6 million. The machinery can be sold to the Romulans today for $7.8 million. Klingon’s current balance sheet shows net fixed assets of $4.4 million, current liabilities of $870,000, and net working capital of $146,000. If all the current accounts were liquidated today, the company would receive $985,000 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 $4.8 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...