1. Give an example of when a book value and market value are significantly different for a (1) current asset and (2) fixed asset.
2. Explain the importance of each component of the DuPont Identity (return on equity, profit margin, total asset turnover, equity multiplier). A complete answer should require approximately 1-2 sentences for each term.

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1 The equity value of a corporation as reported in its financial accounts is known as boo... View the full answer