Question
For a firm with the following characteristics, what is it's book value? Current assets = 8,000 Fixed assets = 10,000 Total assets = 18,000 Current
For a firm with the following characteristics, what is it's book value?
Current assets = 8,000
Fixed assets = 10,000
Total assets = 18,000
Current liabilities = 5,000
Long term liabilities = 9,000
Total liabilities = 14,000
Shareholders' equity = 4,000
| 3,000 | ||
| 4,000 | ||
| 7,000 | ||
| 18,000 |
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
9781266566899
