Market values and book values

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Market Values and Book Values. Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $5.6 million. Klingon’s current balance sheet shows net fixed assets of $4.8 million, current liabilities of $780,000, and net working capital of $100,000. If all the current assets were liquidated today, the company would receive $805,000 million cash. What is the book value of Klingon’s assets today? What is the market value?

Reference no: EM131329573

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