19 & 21

A. 4,500,000. B. 5,200,000. C. 6,500,000. 20. Which of the following statements is least accurate in describing a company's market value? A. Management's decisions do not influence the company's market value. B. Increases in book value may not be reflected in the company's market value. C. Market value reflects the collective and differing expectations of investors. (ROE) of a stable company using the following data