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Klingon Widgets, Inc., purchased new cloaking machinery four years ago for $12.3 million. The machinery can be sold to the Romulans today for $11.1 million.
Klingon Widgets, Inc., purchased new cloaking machinery four years ago for $12.3 million. The machinery can be sold to the Romulans today for $11.1 million. Klingon's current balance sheet shows net fixed assets of $9.8 million, current liabilities of $875909, and net working capital of $265345. If all the current assets were liquidated today, the company would receive $1.1 million cash. What is the market value of Klingon's total assets today? (Enter your answer in dollars, not millions of dollars. Omit the $ sign and commas in your answer. For example, if your answer is $1.234 million, enter as 1234000.)
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