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1) Balance sheet for Pie Crust, Inc., is given here in market value terms. There are 15,000 shares of stock outstanding.

Market Value Balance Sheet
Cash $140,000
Fixed assets 470,000 Equity $610,000
Total $610,000 Total $610,000

Determine the stock selling for today? What will it sell for tomorrow? Determine the balance sheet look like after dividends are paid?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M914651

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