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4. Below is the balance sheet for Stieger Corp. The current stock price is $52 and there are 4,500 shares outstanding. Assets Cash 14,000 Marketable
4. Below is the balance sheet for Stieger Corp. The current stock price is $52 and there are 4,500 shares outstanding. Assets Cash 14,000 Marketable securities Accounts receivable Inventory Current assets 2,000 7,000 23,000 46,000 34,000 80,000 114,000 160,000 Liabilities and Equity Accounts payable 21,000 Notes payable 6,000 Current liabilities 27,000 Long-term debt 95,000 Total liabilities 122,000 Paid-in capital 20,000 Retained earnings 18,000 Equity 38,000 Total liab. & equity | 160,000 Machines Real estate Fixed assets Total assets a. What was the market value of equity
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