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Business, 25.03.2021 20:20 enchantednights
Klingon Cruisers, Inc., purchased new cloaking machinery five years ago for $15 million. The machinery can be sold to the Romulans today for $14.3 million. Klingon's current balance sheet shows net fixed assets of $12 million, current liabilities of $840,000, and net working capital of $223,000. If all the current accounts were liquidated today, the company would receive $1.05 million cash. What is the book value of Klingon's assets today
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Klingon Cruisers, Inc., purchased new cloaking machinery five years ago for $15 million. The machine...
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