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Johnson Topical has 700,000 shares of common stock outstanding that sell for $5.50 a share. If the company has $2 million in current assets, $1
Johnson Topical has 700,000 shares of common stock outstanding that sell for $5.50 a share. If the company has $2 million in current assets, $1 million in current liabilities, $3.5 million in bonds, and $3.7 million in common equity on its balance sheet, what is the company's Market Value Added (MVA)?
Group of answer choices
$3,850,000
$7,550,000
$150,000
$3,700,000
$840,000
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