Huang, Inc., is obligated to pay its creditors $11,600 very soon. a. What is the market value

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Huang, Inc., is obligated to pay its creditors $11,600 very soon.
a. What is the market value of the shareholders’ equity if assets have a market value of $15,100?
b. What if assets equal $9,900?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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