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Question: Red Hawk, Inc., is obligated to pay its creditors $6,200 during the year. (Leave no cells blank - be certain to enter "0" wherever required.)

a. What is the market value of the shareholders' equity if assets have a market value of $8,300? (Do not round intermediate calculations.)

b. What is the market value of the shareholders' equity if assets equal $5,600? (Do not round intermediate calculations.)

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  • Reference No.:- M92761922

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