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Smith Devices Ltd. has total assets worth $900 million and total liabilities worth $475 million at the end of December 31. What is the amount

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Smith Devices Ltd. has total assets worth $900 million and total liabilities worth $475 million at the end of December 31. What is the amount of money received by the stockholders, if Smith liquidates all of its assets for $850 and pays off all of its outstanding debt at book value? $850 million $425 million $375 million $475 million Question 19 (2.3 points) Diamond Enterprises Ltd. has long-term bonds worth $20 million, retained earnings of $45 million, accounts payable of $10 million, notes payable of $12 million, and inventory worth $18 million. What is the value of total liabilities of Diamond Enterprises? $105 million

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