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PLEASE BE CLEAR! Klingon Widgets, Inc., purchased new cloaking machinery five years ago for $10 million. The machinery can be sold to the Romulans today
PLEASE BE CLEAR!
Klingon Widgets, Inc., purchased new cloaking machinery five years ago for $10 million. The machinery can be sold to the Romulans today for $9.4 millon. Klingon's current balance sheet shows net fixed assets of $8 million, current llablties of $810,000, and net working capital of $247,000. If all the current assets and current lablities were liquidated today, the company would recelve $1.14 million cash. What Is the book value of Kllngon's total assets today? (Enter your answer In dollars, not millilons of dollers, e.g., 1,234,567.) What is the sum of the market value of NWC and the market value of fixed assets? (Do not round Intermedlate calculatlons. Enter your answer In dollars, not mililions of dollars, e.g., 1,234,567.) a. b. a. Book value of fixed assets b. Sum of the market value of NWC and market vslue of fixed assetsStep by Step Solution
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