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A venture in financial distress has a balance sheet composed of $5 million in total assets and $5.5 million in debt. With a Balance Sheet

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A venture in financial distress has a balance sheet composed of $5 million in total assets and $5.5 million in debt. With a Balance Sheet Insolvency, what is the value of equity in the venture? Select one: a. $5 million b. $0.5 million c. negative $0.5 million d. $0.00

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