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The firm's book value is a
The firm's book value is
a. the depreciated value of the fixed assets on the firm's books
b. the total equity on the balance sheet
c. the total asset value on the balance sheet
d. the total value of liabilities plus equity on the firm's financial statements
Expert Solution
d. the total value of liabilities plus equity on the firm's financial statements
book value = liabilities + equity
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