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Balsco's Balance Sheet Shows Total Assets of $238,000 and Total

Question 86

Multiple Choice

Balsco's balance sheet shows total assets of $238,000 and total liabilities of $107,000.The firm has 55,000 shares of stock outstanding that sell for $11 a share.What is amount of market value added?


A) $389,000
B) $474,000
C) $1,073,000
D) $123,712

Correct Answer:

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