Dee Dee’s Marina is obligated to pay its creditors $6,400 today. The firm’s assets have a current market value of $5,900. What is the current market value of the shareholders’ equity?
Note
Dee Dee's Marina is obligated to pay its creditors $6,400 today. The firm's assets have a current market value of $5,900. The current market value of the shareholders' equity is $0.