What is the book value of klingons total assets today

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Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $5.2 million. Klingon's current balance sheet shows net fixed assets of $4 million, current liabilities of $770,000, and net working capital of $245,000. If all the current assets were liquidated today, the company would receive $1.12 million cash.

What is the book value of Klingon's total assets today?

What is the market value?

 

Reference no: EM13255665

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