Book versus Market Value Now suppose that the market value in thousands of dollars of Fincorp's fixed assets in 2011 is 6,000 and that the value of its long term debt is only 2,200. In addition the consensus among investors is that Fincorp's past investments in developing the skills of its employees are worth 2,900. This investment of course does not show up on the balance sheet What will be the price per share of Fincorp stock?
rn

Answer rating: 100% (QA)

Asset Amount Liabilities Amount cash 300 Accounts payable 350 Accounts receivable ... View the full answer