What is the book value of klingon’s assets today

Reference no: EM131419672

Market Values and Book Values Klingon Cruisers, Inc., purchased new cloaking machinery three years ago for $7 million. The machinery can be sold to the Romulans today for $5.2 million. Klingon's current balance sheet shows net fixed assets of $4.5 million, current liabilities of $1.8 million, and net working capital of $750,000. If all the current assets were liquidated today, the company would receive $2.7 million cash. What is the book value of Klingon's assets today? What is the market value?

Reference no: EM131419672

Questions Cloud

What is the marginal tax rate : Calculating Taxes The Conard Co. had $285,000 in taxable income. Using the rates from Table 2.3 in the chapter, calculate the company's income taxes. What is the average tax rate? What is the marginal tax rate?

Would you expect the distribution of the donations : During their annual membership drive, they hope to sign up 50 new members each day. Would you expect the distribution of the donations for a day to follow a Normal model? Explain.

How you will address jim recent performance issues : Write a one (1) page paper in which you: Explain how you will address Jim's recent performance issues. Suggest both constructive and positive feedback designed so that Jim will leave motivated to do his best

Calculate the stock price today : Company X has 100 shares outstanding. It earns $1,000 per year and expects to pay all of it as dividends. If the firm expects to maintain this dividend forever, calculate the stock price today. (The required rate of return is 10%.)

What is the book value of klingon’s assets today : If all the current assets were liquidated today, the company would receive $2.7 million cash. What is the book value of Klingon's assets today? What is the market value?

Calculate the firm net income : Garden Pro Corporation has sales of $4,574,480; income tax of $432,273; the selling, general and administrative expenses of $209,908; depreciation of $305,753; cost of goods sold of $2,633,980; and interest expense of $155,452. Calculate the firm'..

What is the amount of the monthly payments : A commercial bank will loan you $40,422 for 5 years to buy a car. The loan must be repaid in equal monthly payments at the end of the month. The annual interest rate on the loan is 6.75 percent of the unpaid balance. What is the amount of the mont..

What is the addition to retained earnings : What is the net income for the firm? Suppose the company paid out $67,000 in cash dividends. What is the addition to retained earnings?

Describe process of conducting the dismissal meeting : Propose three (3) ways that a manager can cope with any negative emotions that may accompany an employee layoff. Describe a step-by-step process of conducting the dismissal meeting

User Account

All Pages