Question: Red Hawk, Inc., is obligated to pay its creditors $6,200 during the year. (Leave no cells blank - be certain to enter "0" wherever required.)
a. What is the market value of the shareholders' equity if assets have a market value of $8,300? (Do not round intermediate calculations.)
b. What is the market value of the shareholders' equity if assets equal $5,600? (Do not round intermediate calculations.)