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Author Question: Wonderland, Inc. has a reported book value of $20 million; however, the market value of Wonderland's ... (Read 113 times)

Alainaaa8

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Wonderland, Inc. has a reported book value of $20 million; however, the market value of Wonderland's stock is $64 million. This means:
◦ the market thinks the company is worth over three times what the Balance Sheet reports.
◦ the CEO should get a raise.
◦ the market thinks the company is overvalued.
◦ the company is not reporting its assets correctly on the Balance Sheet.


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Marked as best answer by Alainaaa8 on Feb 18, 2020

coreycathey

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