Ask Question
30 October, 04:02

Dimeback, inc., is obligated to pay its creditors $5,800 during the year. (leave no cells blank - be certain to enter "0" wherever required.

a.

what is the market value of the shareholders' equity if assets have a market value of $7,100?

market value

$

b.

what is the market value of the shareholders' equity if assets equal $5,200?

market value

+2
Answers (1)
  1. 30 October, 06:30
    0
    A. The market value of the equity if the asset is 7100 is

    7100 - 5800 = 1300

    b. The market value of the equity if the asset is 5200 is

    5200 - 5800 = - 600

    A negative equity means that the company is in debt.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Dimeback, inc., is obligated to pay its creditors $5,800 during the year. (leave no cells blank - be certain to enter "0" wherever ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers