What is the book value of klingon total assets today

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Reference no: EM13974540

Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $5.8 million. The machinery can be sold to the Romulans today for $8.0 million. Klingon’s current balance sheet shows net fixed assets of $4.6 million, current liabilities of $890,000, and net working capital of $148,000. If all the current assets were liquidated today, the company would receive $1,005,000 cash. (Enter your answer as directed, but do not round intermediate calculations.)

Requirement 1:

What is the book value of Klingon’s total assets today?

Reference no: EM13974540

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