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The table below shows the balance sheet of a particular company. All amounts shown are in millions of dollars. If the company has 4 million


The table below shows the balance sheet of a particular company. All amounts shown are in millions of dollars. If the company has 4 million outstanding shares outstanding and those shares are trading at $8.24 per share, what does that tell you about how investors see the book value of this firm?

Balance
assetsobligations
Current AssetsCurrent Liabilities
in advance50Accounts payable42
Accounts receivable22Notes payable/short-term debt7
stocks17
Total current assets89Total current responsibilities49
Long-Term Assetslong-term liabilities
Net property, plant and equipment121long-term debt128
Total long-term assets121Total long-term liabilities128
Total liabilities177
Joint capital33
Total Assets210Total Liabilities and Equities210


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