JOSH: That makes sense. So$,$ what makes this value important to investors is that it is

only due to a couple of events, including the

value that can change$-$but

payment of

$.$ Equally important, it

of Treasury stock, the sale of new common or preferred shares, and the

$\_$ change in response to changes in the market prices of the firm's shares.

MIA: Right! So$,$ how useful would a firm's book value be for assessing the performance of Allied Biscuit's management?