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Which one of the following statements is typically correct for a going-concern firm?A Book value of equity exceeds market value of equity. B Market value

Which one of the following statements is typically correct for a going-concern firm?A Book value of equity exceeds market value of equity. B Market value of equity exceeds book value of equity. C Book value of equity equals market value of equity. D No typical relationship exists between book and market values of equity.

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