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Red Hawk, Inc., is obligated to pay its creditors $7,600 during the year. What is the market value of the shareholders equity if assets have

Red Hawk, Inc., is obligated to pay its creditors $7,600 during the year. What is the market value of the shareholders equity if assets have a market value of $10,000? What is the market value of the shareholders equity if assets equal $7,000?

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