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18. This is a balance sheet for a certain company. All quantities shown are in millions of dollars. If the company has 5 million shares

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18. This is a balance sheet for a certain company. All quantities shown are in millions of dollars. If the company has 5 million shares of stock outstanding, and these shares are trading at a price of $6.39 per share, what does this tell you about how investors view this firm's book value? Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash 53 Accounts payable 40 Accounts receivable Notes payable/short-term debt 5 Inventories Total current assets 93 Total current liabilities 45 23 5 17 Long-Term Liabilities Long-Term Assets Net property, plant, and equipment 117 Long-term debt 133 Total long-term assets 117 133 Total long-term liabilities Total Liabilities 178 Stockholders' Equity 32 Total Assets 210 210 Total Liabilities and Stockholders' Equity Investors consider that the firm's market value and its book value are roughly equivalent Investors consider that the firm's market value is worth less than its book value. Investors consider that the firm's market value is worth more than its book value Investors consider that the firm's market value is worth very much less than its book value

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