+1-415-670-9189
info@expertsmind.com
What is the book value of klingons assets today
Course:- Cost Accounting
Reference No.:- EM13298449





Assignment Help >> Cost Accounting

Klingon Widgets, Inc., purchased new cloaking machinerythree years ago for $6 million. The machinery can be sold tothe Romulans today for $5.6 million. Klingon's currentbalance sheet shows net fixed assets of $4.8 million, currentliabilities of $780,000, and net working capital of $100,000. If all the current assets were liquidated today, the company wouldreceive $805,000 million cash. What is the book value ofKlingon's assets today? What is the market value?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Cost Accounting) Materials
What would be the effect on the profit of the whole company, if the Training Centre was closed at the beginning of the New Year? Given the allocated costs at 10% of reven
Translate the financial statements of Ching Ltd into Australian dollars in preparation for group consolidation in accordance with AASB 2' assuming that I-1K dollars are the
Calculate the incremental profit (loss) per batch if the intermediate products are further processed and Should each of the intermediate products, peels and depeeled spuds, be
Based on the above information, XYZ Company reported bad debt expense of $8,200 for 2002 - calculate the amount of accounts receivable written off as uncollectible by XYZ Comp
The general manager of Qantas had two concerns: the company's worsening cash position ($3000 cash and No bank loan at the end of 2011, No cash and a $7,000 bank loan at the
This question is relates to cost accounting in finance. It deals with measures such as Order Quantity, Cycle Inventory, Reorder Level, Safety Inventory, Annual Ordering Cost
Differentiate them between cost, profit, revenue and investment centres and explain how managers of responsibility centres are responsible for the performance of their part
Prepare a schedule in Good Form that determines Citrine's taxable income for State X purposes and calculate the amount of Federal income tax, if any, for Repair Habitat and f