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number 3 plz D) 36.82% E) 17.86% Bishop, Incorporated, is obligated to pay its creditors $7,100 during the year. a. What is the market value
number 3 plz
D) 36.82% E) 17.86% Bishop, Incorporated, is obligated to pay its creditors $7,100 during the year. a. What is the market value of the shareholders' equity if assets have a market value of $10,000? MARKET VALUE OF EQUITY= b. What if assets equal $6,700? MARKET VALUE OF EQUITY 3. Square Hammer Corporation shows the following information on its 2018 income statement: Sales= $215,000; Costs $92,000; Other expenses $5,900; Depreciation expense $9,100; Interest expense = $13,800; Taxes $32,970; Dividends $10,000. In addition, you're told that the firm issued $7,900 in new equity during 2018 and redeemed $9,500 in outstanding long-term debt. What is the 2018 cashflow to shareholders? CASH FLOW TO SHAPE pro A comm Step by Step Solution
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