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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.

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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. (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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