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Lesechka [4]
3 years ago
13

Dimeback, inc., is obligated to pay its creditors $5,800 during the year. (leave no cells blank - be certain to enter "0" wherev

er required.
a.
what is the market value of the shareholders' equity if assets have a market value of $7,100?
market value
$
b.
what is the market value of the shareholders' equity if assets equal $5,200?
market value
Business
1 answer:
miv72 [106K]3 years ago
8 0
A. The market value of the equity if the asset is 7100 is
7100 - 5800 = 1300
b. The market value of the equity if the asset is 5200 is
5200 - 5800 = -600
A negative equity means that the company is in debt.<span />
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