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gregori [183]
2 years ago
8

Klingon Cruisers, Inc., purchased new cloaking machinery five years ago for $15 million. The machinery can be sold to the Romula

ns today for $14.3 million. Klingon's current balance sheet shows net fixed assets of $12 million, current liabilities of $840,000, and net working capital of $223,000. If all the current accounts were liquidated today, the company would receive $1.05 million cash. What is the book value of Klingon's assets today
Business
1 answer:
Nesterboy [21]2 years ago
3 0

Answer: $13,063,000

Explanation:

The book value of Klingon's assets today will be:

Net working capital = $223,000

Add: Current liabilities = $840,000

Current assets = $1,063,000

Add: Net fixed asset = $12,000,000

Book value of assets = $13,063,000

Therefore, the book value of the assets will be $13,063,000.

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Seller Vincent decided to let the listing agreement he had with broker Bob expire and sell the property himself. Prospective buy
ZanzabumX [31]

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Who knows bts? just wondering
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Suppose HP’s minorities work at a multicultural plant, which provides a comfortable learning environment before they are assigne
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Regarding competitive strategies, companies seek efficient manufacturing and productive employees to achieve ___________.
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Answer:

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