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AVI Inc. lists fixed assets of $100 million on its balance sheet. The firm's fixed assets have recently been appraised at $130 million. The firm's
AVI Inc. lists fixed assets of $100 million on its balance sheet. The firm's fixed assets have recently been appraised at $130 million. The firm's balance sheet also lists current assets at $21 million. Current assets were appraised at $20 million. Current liabilities book and market values stand at $15 million and the firm's long-term debt is $75 million. Calculate the market value of the firm's stockholders' equity. Formula: Equity = Assets - Liabilities O $50 million O $61 million O $60 million O $40 million
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