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Explain to your friend how the “values”of the $1,100,000 tot

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Explain to your friend how the “values”of the $1,100,000 total assets is determined.
A friend has come to you for advice.He states that he owns several shares of stock in a corporation.He has examined the most recent balance sheet of the corporation and has found that the common stock issued and outstanding totals 40,000 shares,and the market price per share is $25 on the balance sheet date.He is sure that the balance sheet must be in error because in his words “the total assets are $ 1,100,000 and this current value should be the same as the $ 1,000,000 total value of the outstanding common stock.”
Explain to your friend how the “values”of the $1,100,000 tot
一个朋友来问你的意见的.他表示,他拥有公司的股票.他研究了最近的资产负债表的公司,已发现的普通股股份总数和40000,市场价格每股25美元的资产负债表上的日期.他肯定在资产负债表一定误差,用他的话说,“因为有110万美元的资产总额和当前值应该是相同的,000总额1000美元的优秀普通股.”