Could you please help me in finance question: Thank you so much. Saudi Electricity Company management has just completed an assessment of the companyâ€™s assets and liabilities as on 31-12-2016 and has obtained the following information.
a) 1-The firm has total current assets worth $625,000 at book value and $519,000 at market value.
b) Its long-term assets include plant and equipment valued at market for $695,000, While their book value is $940,000.
c) The Companyâ€™s total current liabilities are valued at market for $543,000, while their book value is $495,000. Both the book value and the market value of long-term debt is $350,000.
d) If the companyâ€™s total assets are equal to a market value of $1,214,000 (book value of $1,565,000),
From the above information:
What are the book value and market value of its stockholdersâ€™ equity?
Could you please help me in finance question: Thank you so much.
Saudi Electricity Company management has just completed an assessment of the companyâ€™s assets and liabilities as on 31-12-2016 and has obtained the following information.
This question was answered on: Sep 05, 2019
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