What is the book value of klingon total assets today

Assignment Help Finance Basics
Reference no: EM132465357

Klingon Widgets, Inc., purchased new cloaking machinery five years ago for $20 million. The machinery can be sold to the Romulans today for $18 million. Klingon's current balance sheet shows net fixed assets of $15.5 million, current liabilities of $700,000, and net working capital of $226,000. If all the current assets and current liabilities were liquidated today, the company would receive $1.08 million cash.

a. What is the book value of Klingon's total assets today? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

b. What is the sum of the market value of NWC and the market value of fixed assets?

Reference no: EM132465357

Questions Cloud

What the company ending merchandise inventory cost : Beginning Merchandise Inventory as of January 1, 2018: 240 units at $73. What would the company's ending merchandise inventory cost be on December
What is the company net income-loss : During 2018, Raines Umbrella Corp. had sales of $772,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses
Compute the total manufacturing costs : Compute the full product cost per unit, including upstream, manufacturing, and downstream activities. Also compute the relative proportion of each main cost
Firm cash flow to creditors during 2018 : What was the firm's cash flow to creditors during 2018?
What is the book value of klingon total assets today : What is the sum of the market value of NWC and the market value of fixed assets?
Record entries for items on bank reconciliation statement : A service charge of $22 appears on the bank statement. Record entries for any items on the bank reconciliation statement that must be journalized
How much would they have to save each year to reach : How much would they have to save each year to reach their? goal?
What is the 2018 operating cash flow : What is the 2018 operating cash flow? (Do not round intermediate calculations.) What is the 2018 cash flow to creditors?
Determine how alpha company uses the weighted-average method : Determine how Alpha Company uses the weighted-average method,the equivalent units of production for direct materials,the cost per equivalent unit for materials

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd