How do I change the value of an attribute?

How do you solve the change in value of equity?

• Reservoir Bottling Co. reported to shareholders the following information. It has total current assets worth $237,513 at book value and $248,276 at market value. In addition, its long-term assets include plant and equipment valued at market for $343,222, while their book value is $296,407. The company's total current liabilities are valued at market for $134,889, while their book value is $129,175. Both the book value and the market value of its long-term debt is $144,000. If the company's total assets are equal to a market value of $591,498 (book value of $533,920), what is the difference in the book value and market value of its stockholders' equity?If its a negative number than put - sign

• Answer:

  The answer clearly is 591k less 533k surely. The company can revalue assets should the directors decide to but there are rules, such as you cannot revalue selectively - for example only choose assets with a higher value. Also you would be expected to do it at intervals and not as a one off.