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ABC Inc. has fixed assets of $200 on its balance sheet, which have recently been appraised at $280. Besides, the firm's balance sheet also
ABC Inc. has fixed assets of $200 on its balance sheet, which have recently been appraised at $280. Besides, the firm's balance sheet also lists current assets at $30, which were appraised at $33. Current liabilities book and market values stand at $22 and the firm's long-term debt is $80. Calculate the market value of the firm's stockholders' equity. Answer:
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
