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Bishop, Incorporated, is obligated to pay its creditors $8,400 during the year. a. What is the market value of the shareholders' equity if assets have

Bishop, Incorporated, is obligated to pay its creditors $8,400 during the year. a. What is the market value of the shareholders' equity if assets have a market value of $10,500? Market value of equity b. What if assets equal $6,400

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