What is the market value of the shareholders equity

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Reference no: EM131932148

Red Hawk, Inc., is obligated to pay its creditors $7,700 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 $11,000? (Do not round intermediate calculations.)

Market value $

b. What is the market value of the shareholders’ equity if assets equal $7,100? (Do not round intermediate calculations.)

Market value $

Reference no: EM131932148

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