____ equals the proceeds that would be received from the sale of the firm's assets minus its liabilities.
A) Market value
B) Equity value
C) Going-concern value
D) Liquidation value

Question

Quizplus · Accepted Answer

Liquidation value is the value that equals the proceeds that would be received from the sale of the firm's assets minus its liabilities. It represents the amount that creditors would receive if the company were to be liquidated.

____ Equals the Proceeds That Would Be Received from the Sale