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17. Quizzical Inc.'s statement of financial position for 2012 showed total assets of $500,000 and total liabilities of $315,000. If the assets could be sold
17. Quizzical Inc.'s statement of financial position for 2012 showed total assets of $500,000 and total liabilities of $315,000. If the assets could be sold for 50% over their book value, and liabilities could be repaid at 90% of their book value, what was the market value of Quizzical's shareholders' equity? (5 Points) O a. $185,000 O b. $216,500 O c $435.000 O d. 5466,500 1. Sage. O e. $716,500 Hifforing from its cash flow
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