Market Value Versus Book Value Acme Bricks Balance Sheet Lists

question 12

Multiple Choice

Market Value versus Book Value Acme Bricks balance sheet lists net fixed assets as $40 million.The fixed assets could currently be sold for $50 million.Acme's current balance sheet shows current liabilities of $15 million and net working capital of $12 million.If all the current accounts were liquidated today,the company would receive $77 million cash after paying $15 million in liabilities.What is the book value of Acme's assets today? What is the market value of these assets?

• A)$12 million, $77 million
• B)$27 million, $92 million
• C)$40 million, $50 million
• D)$67 million, $142 million

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Definitions:

Unmet Biological Needs

Basic physiological requirements including food, water, shelter, and warmth that are not adequately satisfied, impacting overall health and well-being.

Incentive

Something that motivates or encourages an individual to do something or to achieve a goal.

Environmental Stimulus

Any external event or factor that influences an organism's behavior or physiological responses.

Motivates Behavior

The underlying reasons or incentives that drive individuals to engage in certain actions or behaviors.