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stockholders equity can be referred to as the book value of a busniess. however, since the market value and carring amount of assets and liabilities

stockholders equity can be referred to as the book value of a busniess. however, since the market value and carring amount of assets and liabilities do not match, the concept of "book value does not hold up well in practice" . please provide your opinion on the above concept and give examples for or against this statment.

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