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Question 1 (1 point) High Towers, Inc., has $50,000 total obligation to its creditors. (Do not include the dollar signs. Leave no cells blank. If

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Question 1 (1 point) High Towers, Inc., has $50,000 total obligation to its creditors. (Do not include the dollar signs. Leave no cells blank. If there is no value, you must enter 'O' for the answer to grade correctly.) If If the assets have a market value of $63,000, the shareholders' equity has a market value of $_____ Your Answer: Answer Question 2 (2 points) Green Grass, Inc., has sales of $490,000, costs of $318,000, depreciation expense of $39,000, interest expense of $13,000, and a tax rate of 32 percent. (Do not include the dollar sign ($).) If the firm paid out $52,000 in cash dividends, the addition to retained earnings is $ Your

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