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

Finance

Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $4 million. The machinery can be sold to the Romulans today for $6.2 million. Klingon's current balance sheet shows net fixed assets of $2.8 million, current liabilities of $710,000, and net working capital of $130,000. If all the current assets were liquidated today, the company would receive $825,000 cash. What is the book value of Klingon's assets today? What is the market value?

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9792626

Have any Question?Write your Review or question?

Related Questions in Basic Finance

A compare and contrast primary valuation alternatives

A) Compare and contrast primary valuation alternatives: historical costs (purchase price less accumulated depreciation), fair value (market price), and the mixed attributed measurement model. In your opinion which one re ...

What is the value today of single payment of 45936 made 8

What is the value today, of single payment of $45,936 made 8 years from today, if the value is discounted at a rate of 24.00%? How many years would it take an investment of $137 to grow to $3,849 at an annual rate of ret ...

What is the present value of 24000 to be received 32 years

What is the present value of $24,000 to be received 32 years from today if the annual rate is 10%? [use semi-annual compounding]

A check cashing company will give you 101 in cash and you

A check cashing company will give you $101 in cash and you repay them $120 in two weeks. What is the effective annual rate of interest for this arrangement?

Consider the balance sheet in millions of for first

Consider the balance sheet (in millions of $) for First Integrated Bank: FY 2017 AMOUNT DURATION ASSETS $790 MILLION 7.5 YEARS LIABILITIES $650 MILLION 1.5 YEARS What is the FIB's duration gap? 4.9 years 5.4 years 6.0 ...

Kiessling corp pays a constant 9 dividend on its stock the

Kiessling Corp. pays a constant $9 dividend on its stock. The company will maintain this dividend for the next eight years and will then cease paying dividends forever. If the required return on this stock is 11 percent, ...

In todays environment how could firms balance their

In today's environment, how could firms balance their marketing activities while meeting the demand of consumers from the main culture as well as from a subculture?

Question - if the future value of an ordinary 5-year

Question - If the future value of an ordinary, 5-year annuity is $6,000 and interest rates are 8 percent, what's the future value of the same annuity due?

A firm is considering a project that has the following

A firm is considering a project that has the following estimated cashflows: Increased sales to business of $100,000 for the next six years (starting in one year's time) Increased costs of $30,000 for the next six years ( ...

Nbspyou paid cash for 1300 worth of stock a year ago today

You paid cash for $1,300 worth of stock a year ago. Today the portfolio is worth $1,888. a. What rate of return did you earn on the investment? b. Now suppose that you bought the same stock but bought it on margin. The ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert