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Question 3 . a . A certain firm has a balance sheet that shows $ 3 , 0 6 7 million in shareholders equity and

Question 3.
a. A certain firm has a balance sheet that shows $3,067 million in shareholders equity and $1,204 million in liabilities. What is the carrying value of its assets?
b. The total equity of the firm trades at $4,569 million. What is price-to-book ratio?

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