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10. Market versus Book Values. State whether each of the following events would increase or decrease the ratio of market value to book value.
10. Market versus Book Values. State whether each of the following events would increase or decrease the ratio of market value to book value. (LO3-2) a. Big Oil announces the discovery of a major new oil field in Costaguana. b. Big Autos increases its depreciation provision. c. Since Big Stores purchased its assets, inflation has risen sharply.
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