Page 43-44, Chapter 2
Klingon Widgets, Inc.
purch cloaking 3 yrs ago for $6mil (book value)
+Net Working Capital
can sell today for 5.3m (market value)
net fixed assets 3.2m
current liabilities 900,000
net working capital of 215,000
Book Value of Total Assets
if liquidated all assets today = 1.25m = market value
+Book Value of Current Assets
what is book value of total assets today?
+Book Value of Net Fixed Assets
**Assumimg that the cloaking equip is the only asset- that bothered me- I would like a schedule.**
What is market value of total assets today?
=Book Value of Total Assets
Book Valye of Klingon's total assets today: $7,115,000
Market Valye of Total Assets
+Market Value of Current Assets
+Market Value of Net Fixed Assets
=Market Value of Total Assets
Market Value of Klingon's total assets today: $6,550,000
Liabilities and Owner's Equity
Long Term Debt
Net Fixed Assets
Intangible Fixed Assets (Patents, Copyrights)
Total Liabilities and Owner's Equity
Raines Umbrella Corp. 2010...
Please join StudyMode to read the full document