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question 26 25. Balsco's balance sheet shows total assets of $238,000 and total liabilities of $107,000. The firm has 55,000 shares of stock outstanding that

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25. Balsco's balance sheet shows total assets of $238,000 and total liabilities of $107,000. The firm has 55,000 shares of stock outstanding that sell for $11 a share. What is amount of market value added? A. S389,000 B. $474,000 C. $1,073,000 D. $123,712 00 Part II (Circle the correct answer) Bonus question 26. An all-equity firm reports a net profit margin of 10% on sales of $3 million. If the tax rate is 25%, what is the pretax profit? A. S100,000 B. $400,000 C. $500,000 D. $800,000

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