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    Calculation of Market Value and Book Value

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    Klingon Cruisers, Inc., purchased new cloaking machinery three years ago for $9.5 million. 
    The machinery can be sold to the Romulans today for $6.5 million.  Klingon's current balance
    sheet shows net fixed assets of $5.2 million, current  liabilities of $2.4 million, and net working
    capital of $800,000.  If all the current assets were liquidated today, the company would
    receive $2.6 million cash.  What is the book value of Klingon's assets today?  What is the
    market value?

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    https://brainmass.com/business/accounting/calculation-market-value-book-value-546405

    Solution Preview

    The attached MS Excel spreadsheet contains detailed illustrations and instructions for completion of the Market Value and Book Value exercise.

    Market Value and Book Value

    Klingon Cruisers, Inc., purchased new cloaking machinery three years ago for $9.5 million. 
    The machinery can be sold to the Romulans today for $6.5 million.  Klingon's current ...

    Solution Summary

    The attached MS Excel spreadsheet contains detailed illustrations and instructions for calculating the book and market value of assets for Klingon Widgets, Incorporated.

    $2.19

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