Business, 28.06.2019 05:10, grenades5027
Afirm has current assets that could be sold for their book value of $32 million. the book value of its fixed assets is $70 million, but they could be sold for $100 million today. the firm has total debt with a book value of $50 million, but interest rate declines have caused the market value of the debt to increase to $60 million. what is the ratio of the market value of equity to its book value?
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Afirm has current assets that could be sold for their book value of $32 million. the book value of i...
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