20-83 Which of the following statements is true?
A) The book value of equity always equals the market value of equity.
B) The book value of equity always equals the market value of equity minus surplus value.
C) The book value of equity equals par value plus surplus value plus retained earnings plus the loan loss reserve.
D) The book value of equity equals par value plus surplus value plus the loan loss reserve.
E) The book value of equity equals the market value of equity plus par value plus surplus value plus retained earnings.
Correct Answer:
Verified
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