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Which of the following is false regarding book and market values? Select one: O a. Financial managers should rely on market values, and not book

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Which of the following is false regarding book and market values? Select one: O a. Financial managers should rely on market values, and not book values, when making decisions for the firm's strategic direction. O b. Market value always exceeds book value. O c. Financial managers should rely on book values, and not market values, when analyzing the firm's tax liability. Od Book value is an accounting summary of value and is inferior to market value as a source of current information regarding the true value of the firm. e The market value of fixed assets is often difficult to determine

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