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Klingon Cruisers, Inc., purchased new cloaking machinery three years ago for $7 million. The machinery can be sold to the Romulans today for $5.3 million.
Klingon Cruisers, Inc., purchased new cloaking machinery three years ago for $7 million. The machinery can be sold to the Romulans today for $5.3 million. Klingon's current balance sheet shows net fixed assets of $3.9 million, current liabilities of $1.075 million, and receive $410,00 cash. What is the book value of Klingon's total assets today? What is the sum of the market value of NWC and market value of assets?
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