Klingon cruisers inc purchased new cloaking machinery three, Ask an Expert

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Klingon Cruisers, 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 accounts were liquidated today, the company would receive $1.03 million cash.

What is the book value of Klingon's total assets today? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Book value of total assets $

What is the sum of the market value of the NWC and the market value of fixed assets? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Market value of NWC and fixed assets $?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92784270

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