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Ava's SpinBall Corporation lists fixed assets of $13 million on its balance sheet. The firm's fixed assets have recently been appralsed at $18 million. Ava's
Ava's SpinBall Corporation lists fixed assets of $13 million on its balance sheet. The firm's fixed assets have recently been appralsed at $18 million. Ava's SpinBall Corporation's balance sheet also lists current assets at $6 million. Current assets were appraised at $8 million. Current liabilities' book and market values stand at $4 million, and the firm's book and market values of long-term debt are $7 million. Caiculate the book and market values of the firm's stockholders' equity. Construct the book value and market value balance sheets for Ava's SpinBall Corporation. Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.)
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