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A venture in Balance Sheet Insolvency, has negative $1.5 million in equity. If it has $5 million debt, what is the book value of total

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A venture in Balance Sheet Insolvency, has negative $1.5 million in equity. If it has $5 million debt, what is the book value of total assets of the venture? Select one: a. $1.5 million b. $3.5 million c. negative $1.5 million d. negative $3.5 million

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