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Bishop, Inc., is obligated to pay its creditors $7,600 during the year. (Leave no cells blank - be certain to enter 0 wherever required.) a.

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Bishop, Inc., is obligated to pay its creditors $7,600 during the year. (Leave no cells blank - be certain to enter "0" wherever required.) a. What is the market value of the shareholders' equity if assets have a market value of $10,000? (Do not round intermediate calculations.) b. What is the market value of the shareholders' equity if assets equal $7,000? (Do not round intermediate calculations.) a. Market value b. Market value

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