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Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $7.4 million. The machinery can be sold to the Romulans today for $4.7 million.

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Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $7.4 million. The machinery can be sold to the Romulans today for $4.7 million. Klingon's current balance sheet shows net fixed assets of $3.45 million, current liabilities of $1.8 million, and net working capital of $410,000. If all the current assets and current liabilties were liquidated today, the company would receive $1 million cash. a. What is the book value of Klingon's total assets today? $5,660,000 $6,910,000 $9,610,00 $3,450,000 $4,700,000 b. What is the sum of the market value of NWC and market value of fixed assets? $4,700,000 b. What is the sum of the market value of NWC and market value of fixed a: $5,700,000 $6,910,000 $1,000,000 $4,700,000 $5,662,550

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