Main purpose of a market-value balance sheet
The main purpose of a market-value balance sheet is to:
a) show an inflated value of the firm
b) improve the credit rating of the firm
c) value assets and liabilities without GAAP restrictions
d) avoid the recording of certain liabilities
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Recommend the advantages and disadvantages of recording the above-referenced costs in the financial statements and how this might alter the company's public image.
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