What is the book value of klingons total assets today

Assignment Help Financial Management
Reference no: EM13727136

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: EM13727136

Questions Cloud

What is marys current min monthly payment : Mary's credit card situation is out of control because she cannot afford to make her monthly payments. She has three credit cards with the following loan balances and APRS:
Characteristics of a firm with a long operating cycle : What are some of the characteristics of a firm with a long operating cycle? What are some of the characteristics of a firm with a long cash cycle? Provide examples of firms that are operating or have operated with these types of cycles and explain wh..
What is the addition to retained earnings : Billy’s Exterminators, Inc., has sales of $598,000, costs of $296,000, depreciation expense of $48,000, interest expense of $34,000, a tax rate of 35 percent and paid out $69,000 in cash dividends. What is the addition to retained earnings?
Value of the shareholders equity account for this firm : Penguin Pucks, Inc., has current assets of $6,700, net fixed assets of $23,600, current liabilities of $5,850, and long-term debt of $14,100. What is the value of the shareholders’ equity account for this firm? How much is net working capital?
What is the book value of klingons total assets today : 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 $77..
How much will you pay for the stock : The Sleeping Flower Co. has earnings of $1.75 per share. If the benchmark PE for the company is 18, how much will you pay for the stock? and If the benchmark PE for the company is 21, how much will you pay for the stock?
What is the standard deviation of the portfolio : A portfolio has 40% of its value in IBM shares and the rest in Microsoft (MSFT). The volatility of IBM and MSFT are 40% and 30%, respectively, and the correlation between IBM and MSFT is -0.3. What is the standard deviation of the portfolio?
Effective interest rate per payment period for interest rate : Find the effective interest rate per payment period for an interest rate of 6% compounded monthly for each of the given payment schedule.
Explain the differences between gross and net currency risk : Explain the differences between gross and net currency risk exposures for a multinational corporation.

Reviews

Write a Review

Financial Management Questions & Answers

  What is the value of assuming this mortgage

Suppose we are assuming a $5 million 20-year mortgage with 8 years remaining at a rate of 4%. If we could obtain a new 8-year mortgage for 5%, what is the value of assuming this mortgage?

  Jaedan industries has the following account balances as of

jaedan industries has the following account balances as of december 31 2010 found on page 64 amp 65 of the text. the

  International trade agreements eliminate trade barriers

international trade agreements eliminate trade barriers between countries promote investments infuse competitiveness

  Explain arbitrage pricing theory

Compare the assumptions underlying Arbitrage Pricing Theory with those underlying the mean-variance Capital Asset Pricing Model

  Foreign exchange assets

P.J. Chase Stanley Bank holds $82 million in foreign exchange assets and $73 million in foreign exchange liabilities. P.J. Chase Stanley also conducted foreign currency trading activity in which it bought $172 million in foreign exchange contracts an..

  How do market values affect the goal of financial managers

How do book values and market values affect the goal of financial managers? How will a firm determine if its level of liquidity is appropriate?

  What is the lowest effective annual rate of interest

What is the lowest effective annual rate of interest (EAR) you would have to earn on your investment in order to accomplish your goal? Assuming that interest is compounded quarterly, what is the Annual Percentage Rate (APR) that you would need to ear..

  Cease paying dividends forever-what is current share price

Apocalyptica Corp. pays a constant $9.80 dividend on its stock. The company will maintain this dividend for the next 14 years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share ..

  Convert infinite series of asset purchases into perpetuity

The best approach to convert an infinite series of asset purchases into perpetuity is known as

  Grow by maintaining a constant mix of debt and equity

The estimate of how quickly a firm may grow by maintaining a constant mix of debt and equity is called:

  Considering introducing a new toaster into the market

General Electric is considering introducing a new toaster into the market. The toaster is targeted towards interior decorators as opposed to end consumers. As such, there are 3,000 decorators that are relevant to this project. On average, each decora..

  Possible reasons for managements change in emphasis

Present a brief side-by-side comparison of the commentary in the MD&A of 2013 to that of 2012. Were the same business drivers discussed? Were they assigned the same importance by management? Discuss any variations you observed, and the possible reaso..

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