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Bishop, Incorporated, is obligated to pay its creditors $8,800 during the year. a. What is the market value of the shareholders' equity if assets

Bishop, Incorporated, is obligated to pay its creditors $8,800 during the year. a. What is the market value of the shareholders' equity if assets have a market value of $9,400? Market value of equity b. What if assets equal $6,500? Market value of equity

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