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Which of the following statements is true for a corporation with $3 million market value of equity, $5 million market value of assets, and 100,000
Which of the following statements is true for a corporation with $3 million market value of equity, $5 million market value of assets, and 100,000 shares of putstanding stock? Multiple Choice Market value of liabilities exceeds book value of liabilities Market value of liabilities equals $2 million Market value of liabilities is less than book value of liabilities The market value of a share is $50 The book value of a share is $30
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