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Check my work Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6.7 million. The machinery can be sold to the Romulans today
Check my work Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6.7 million. The machinery can be sold to the Romulans today for $4.15 million. Klingon's current balance sheet shows net fixed assets of $3.35 million, current liabilities of $1.5 million, and net working capital of $390,000. If all the current assets and current liabilties were liquidated today, the company would receive $2.05 million cash. points a. What is the book value of Klingon's total assets today? eBook Print References b. What is the sum of the market value of NWC and market value of fixed assets? Square Hammer Corp. shows the following information on its 2018 income statement: Sales = $205,000; Costs = $101,000; Other expenses = $5,200; Depreciation expense = $9,000; Interest expense = $13,300; Taxes = $26,775; Dividends = $9,400. In addition, you're told that the firm issued $7,800 in new equity during 2018 and redeemed $9,400 in outstanding long-term debt. points mo a. What is the 2018 operating cash flow? eBook Print References b. What is the 2018 cash flow to creditors? c. What is the 2018 cash flow to stockholders? If net fixed assets increased by $22,000 during the year, what was the addition to NWC
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