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ezto.mheducation.com/hm.. 24 nnect FINANCE FINA 5320 Managerial Finance - Fall 2017 W01: Fall 2017 WO1 rk #1 Questlon 1 (of 10) 10.00 polnts Klingon Cruisers, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $5.2 million. Klingons current balance sheet shows net fixed assets of $4 million, current liabilities of $770,000, and net working capital of $245,000. If all the current accounts were liquidated today, the company would receive $1.12 million cash What is the book value of Klingons assets today? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Book value of total assets What is the sum of the market value of NWC and the market value of fixed assets? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Sum of the market value of NWC and market value of fixed assets References eBook & Resources Worksheet Difficulty: 1 Basic Section: 2.1 The Balance Sheet

Klingon Cruisers, Inc., purchased new cloaking machinery three years ago for $6 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 million, current liabilities of $770, 000, and net working capital of $245, 000. If all the current accounts were liquidated today, the company would receive $1.12 million cash. What is the book value of Klingon’s assets today? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1, 234, 567.) Book value of total assets $ What is the sum of the market value of NWC and the market value of fixed assets? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1, 234, 567.) Sum of the market value of NWC and market value of fixed assets $