+1 123 456 7890 instantessays65@gmail.com

Klingon Cruisers Inc. purchased new cloaking machinery three years ago

$13.11

Klingon Cruisers Inc. purchased new cloaking machinery three years ago for $9.5 million. The machinery can be sold to the Romulans today for $6.3 million. Klingon’s current balance sheet shows net fixed assets of $5 million, current liabilities of $2.1 million, and net working capital of $800,000. If all the current assets were liquidated today, the company would receive $2.8 million cash. What is the book value of Klingon’s assets today? What is the market value?

Reviews

There are no reviews yet.

Be the first to review “Klingon Cruisers Inc. purchased new cloaking machinery three years ago”

Your email address will not be published. Required fields are marked *